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 > SAFE Approval

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Comment by LordIskanderon Jul 26, 2016 1:24pm

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Post# 25085380

RE:RE:RE:RE:RE:RE:RE:RE:RE:SAFE Approval

lefmike wrote:
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I have no faith in IR , CB they have been wrong many more times than right recently, almost as if they orchastrated the tax issues to force down the SP so that the selling price was very low.

We've got no proof of the collusion between the Albanian authorities, Bankers management, and Geo-Jade to crash the price in order to make the Chinese offer palatable.

The complexity of this conspiracy is such that it litterally boggles the mind. Occam's Razor I say the simplest explanation is the best. The tax audit was real enough considering Albania's budget problems.

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