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Bullboard - Stock Discussion Forum Canadian Banc Corp T.BK

Alternate Symbol(s):  CNDCF | T.BK.P.A

The Companys investment objectives are (i) to provide holders of Preferred Shares with cumulative preferential floating rate monthly cash dividends at a rate per annum equal to the Prime Rate plus 0.75%, with a minimum annual rate of 5.0% and a maximum annual rate of 7.0% (ii) to provide holders of Class A Shares with regular floating rate monthly cash distributions targeted to be at a rate per... see more

TSX:BK - Post Discussion

Canadian Banc Corp > BK UNIT NAV to AUg 15 = approx: $19.63
View:
Post by mouserman on Aug 15, 2023 5:43pm

BK UNIT NAV to AUg 15 = approx: $19.63

I have the UNIT NAV losing about  70 cents since the update JULY 31...
premium today would be $3.38 or about 35%
Comment by Obscure1 on Aug 16, 2023 7:56am
At what percentage premium does Quadravest pull the trigger on another share issue?
Comment by EdPaquette on Aug 16, 2023 8:45am
None of us have ever been able to predict overnight offerings accurately. Maybe less need now with ATM.
Canadian Banc Corp
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