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News Focus
SLAM DRILLS MORE COPPER MINERALIZATION AT GOODWIN (click to learn more)
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Big Banc Split Corp T.BNK

Alternate Symbol(s):  T.BNK.PR.A

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. The Company will invest on an approximately equally-weighted basis in Portfolio Shares of the following publicly traded Canadian banks: Bank of Montreal; Canadian Imperial Bank of Commerce; National Bank of Canada; Royal Bank of Canada; The Bank of Nova Scotia; and The Toronto-Dominion Bank. The Portfolio will generally be rebalanced on a quarterly basis, starting on September 30, 2020, so that as soon as practicable after each calendar quarter the Portfolio Shares will be held on an approximately equal weight basis.


TSX:BNK - Post by User

Big Banc Split Corp
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Post by arisaig1on Jan 06, 2014 10:17am
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Post# 22061277

Bankers moving up in 2014

Bankers moving up in 2014
Early in 2013, I was projecting and hoping for Bankers to reach $4.00  by the end of 2013.  Very pleased to see Bankers close solidly above $4.00 at year end.

Assuming continued slow and steady production performance, and Brent prices stable above $90.00, $5.00 should be a reality in 2014.  Whether we get there this week or by December remains to be seen.  Nice price movement today.
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Dealroom for high-potential pre-IPO opportunities