Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Multi year low
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(0)
•••
Comment by nexthinkon Dec 03, 2015 3:21pm
173 Views
Post# 24351739

RE:RE:Multi year low

RE:RE:Multi year low
braincloud wrote: From when the news broke we have lost $230 million in market cap. Wow! Compound that with some tax loss this stock could be sub $1 real quick with some trigger happy selling!


Yep I do agree with Braincloud. This stock will be under $1 very quickly. All my BNK are sold and very happy.
I think we will test the $0.48 low of 2008. Might buy at around $48 cents should they find agreement with the albs in the future.Otherwise I am not buying even at $48 cents.
Considering the country risk to apply to Albania the new normal price for BNK a lot lower than 3 weeks ago.
The big question can they produce oil again from this field ? If they can produce again, how much the wells are damaged ? and we will always have doubt that the albs do all this s***t again.


<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities