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Big Banc Split Corp T.BNK

Alternate Symbol(s):  T.BNK.P.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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Comment by lefmikeon Jan 27, 2015 12:18pm
166 Views
Post# 23368005

RE:RE:Have we reached the bottom?

RE:RE:Have we reached the bottom?Dear Mr. Popfrack, I'm not going to jump all over you on your latest cut and paste and selective editing. (others I'm sure will take up the challenge) . . . . . . . . . . . . . . . . . . I would however like to correct a few items you either missed, forgot, or decided not to include in your unbiased reporting. . . . . . . . . . . . . . . I'm sure when you said that the Goldman Sach's "He predicted yesterday oil will go to $30 over the next few months." You may have missed the part where he says MAY and COULD..... I know those two words seem immaterial to you but when quoting someone it's usually a good idea to quote what they actually written... By cutting and pasting all the item not just what you wish it to be. There is a world of difference when you write WILL, when MAY or COULD is used, I'm sure you can figure that out for yourself.... Apart from that I guess your report is accurate, he did say it COULD or MAY which leaves a lot of breathing room... The Sun WILL rise tomorrow but it Could be cloudy, that's in the same ballpark. Have a wonderful day sir...
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