The reason I bought the BPCPA's is that they pay an income distribution quarterly.
I thought if I am going to hold them, the 4 percent perannum will pay for most of my interest costs, and then I can claim a tax deduction for the difference.
The BPCPA's move one for one with the physical stock anyway, so I share in all the upside.
Kiril
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- another solid move up
BPC
burns, philp & company limited
The reason I bought the BPCPA's is that they pay an income...
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