Bullboard - Stock Discussion Forum Big Banc Split Corp T.BNK.P.A

Primary Symbol: T.BNK

The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential monthly cash distributions in the amount of $0.05 per Preferred Share ($0.60 per annum or 6.0% per annum on the issue price of $10.00 per Preferred Share) until November 30, 2023 (the Maturity Date) and to return the original issue price of $10.00 to holders on the Maturity Date... see more

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Big Banc Split Corp > OPEC

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Post by braincloud on Sep 28, 2016 5:33pm

OPEC

Just in case you guys missed it OPEC has finally come together on some production cuts. If it's real, and so far the rhetoric sounds like it is, it could send prices higher. Good luck with the 1% in a week or 6.

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Comment by ImFineThanks on Sep 28, 2016 7:50pm

Don't get too excited because that's not confirmed. I've seen reports that they're freezing output (at the current level, which is very high) and also that they've agreed to cut but have to negotiate which countries will and how much they will cut. That's the part that has broken down an agreement before in negotiations. Still - I sold half and put it somewhere else for a ...more

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