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Bullboard - Stock Discussion Forum Purpose Canadian Financial Income Series A T.BNC

The fund seeks to provide shareholders with (i) long-term capital appreciation through investment in a portfolio of Canadian Banks (defined below) (up to 70% on an equal weighted basis) and Canadian Insurance Companies (defined below) (up to 30% on an equal weighted basis) and (ii) monthly distributions.To achieve its investment objectives, the fund will invest primarily in equity securities of... see more

TSX:BNC - Post Discussion

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Post by thePlayer on Aug 26, 2016 12:19pm

14 cents No Doubt

Is better than 7.   As a matter of fact it's Much better than 0 (Zero, Nada, Void). 
For doubters I still think that Zero was a real possibility considering who our management are. 

Having said this can't help but wonder -  how come on this planet earth MCNA is worth noting. 
Not worth even being mentioned?   Seriously?

Investment of around $150,000,000 AND being NOT rejected by FDA, just PhIII trial requirement.....
Let along valuation of other assets/cash at humiliating discount.  

And  it was IMPOSSIBLE to find a better deal?   Seriously?   What kind of effort the Loosers (our management team)  have  put in?l IN FACT?

They didn't forget their OWN POCKETS by betraying shareholders did they?

We deserve better than this embarrassment.   
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