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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 > We see that logic does not apply in a state like Albania
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Comment by skepticalmeon Dec 03, 2015 8:14pm
162 Views
Post# 24352707

RE:We see that logic does not apply in a state like Albania

RE:We see that logic does not apply in a state like AlbaniaOn the contrary. They might be quite logical.

Mega short the stock as oil began to pull back.

Then, make the stock look very undesirable.

Then make it worse.

Then cover.

Then buy large.

It's all quite logical.
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