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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

Bullboard Posts
Comment by ynothisnameon Jun 17, 2015 2:02am
253 Views
Post# 23838406

RE:RE:RE:RE:RE:RE:RE:RE:Shopping

RE:RE:RE:RE:RE:RE:RE:RE:ShoppingI understand this is an anonymous board himmler. However, there are contracts written with every producer I have ever worked for (25+ years in the patch), stipulating that you can be let go for disseminating unreleased company information. I am not about to explain who told me or how i may know. Maybe you are a rich man and can afford to lose a job or maybe you dont even need to work. On the other hand others need their jobs and to lose it because big brother or some spyware figures out where its coming from, is not worth the risk to many. I regret even bringing it up now and should probably just go back to reading these BB's and not writing on them, due to the wolves prowling them just looking to pile on people for their comments.

Whether an acquisition would affect the SP in the short term is hard to say. Way more likely that its more tied to the Brent price than acquisition anyway.

Regardless, time will tell and I wish everyone invested in this company all the best of luck. I am long on oil and as such believe in BNK.

 
Bullboard Posts