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.

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Big Banc Split Corp > all this talk about supply

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Comment by Insidetheropeson Dec 12, 2015 10:11pm

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Post# 24380299

RE:all this talk about supply

The cure for the low oil price is a low oil price. The boys tried to "volume" their way out of it and with an even lower price resulting, you are right, chapter 11 is next for many.

There will be a rebound just as sure as there was this rapid decline.

As an aside, is anyone on this board buying what that clinate change conference is selling.....how will they measure a decsion to limit temperatures they have no real control over and can be affected by any number of factors??

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A junior copper-gold stock trading at a bargain of monumental proportions