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.

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Big Banc Split Corp > GET a grip

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Post by wittmannon Nov 20, 2015 11:58am

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Post# 24309483

GET a grip

I think you guys better get a grip on yourselves and stop feeding off each other's panic stricken fears.For gods sake calm down.The shareprice is cratering just as I said it would earlier.Thats a no-brainer. Think about why?? Its the unknown that breeds panic and you guys are neck deep in it.
Look at things logically(and not clouded by BS on this board) READ THE BNK NEWS CAREFULLY. It states clearly that mangement will issue updates with regards to lifting the injunction ASAP.
So two choices are yours..join the herds running for the exits...or wait for managements updates.
I choose the later....and you guys can go panic and run.
I've been through this BS before.
Obviuosly most here havent.

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What is the gold outlook for the rest of 2024?