Tuesday, March 08, 2016 11:48:21 PM
FYI the number of sophisticated investors who invest on the markets is growing but definitely still limited. Another issue is with International brokers not really wanting to touch anybody in Vietnam.
If the Sub were listed on the Vietnamese exchanges then the opportunity for local investment is there. It may still be a relatively poor country but the number of millionaires grows exponentially here. I see more Bentley & Rolls Royce here than back in Liverpool which is amazing considering they are paying 65-100% import tax on such items as well as other taxes. Not unusual for somebody to blow a million bucks on a car here that may cost $400k in USA.
It's definitely a potential market of investors but not sure how KBLB would go about tapping into them.....
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