Business

Michael Pascoe

Michael Pascoe is a BusinessDay contributing editor. He comments on companies, markets and the economy.

Interest-only loans can be beneficial if they assist with an initial purchase to improve cash flow to fund property.

Doing the Contango in investment's Hotel California

The sad and sorry saga of Contango MicroCap Ltd is taking another turn with the effective takeover of the company for no premium. Indeed, the 6000 mostly small shareholders will pay handsomely for being locked into a tyro funds manager charging the sort of fees enjoyed by the industry's stars.

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