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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

Comment by braincloudon Jul 28, 2016 10:42am
94 Views
Post# 25091625

RE:RE:weak oil weak stock prices

RE:RE:weak oil weak stock pricesHey Joslo, I'm not pumping anything. I merely stated the fact. Your AAPL idea is great when you have the benefit of hindsight. You could have just as easily bought at $112 and sold out at $94. How about next time you post in advance what your trade is and then if you're right you can get a pat on the head. Your expectation may or may not be correct. As I explained there's no transparency so your guess is as good as mine. My IR call was altruistic. You can call them yourself and they will tell you the very same thing. Waiting for SAFE approval.
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