PPP pan pacific petroleum nl

Al99,The aussie credits PPP has will be from the old Tubridgi...

  1. 14,173 Posts.
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    Al99,

    The aussie credits PPP has will be from the old Tubridgi gas plant they used to operate profitably.

    You also raise a good point about the NZO div being more tax efficient for Aussies than any unfranked ones from PPP, you get non-resident with holding tax credits from NZO, which I assume are still at 15%.

    Therefore better sell PPP and buy NZO, LOL.

    Disclaimer: My knowledge of taxation is limited to my own past experience as a shareholder who has been resident on both sides of the ditch.

    EL
 
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