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Bullboard - Stock Discussion Forum 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... see more

TSX:BNK - Post Discussion

Big Banc Split Corp > getting taken out to the woodshed....
View:
Post by cashtango00 on Nov 20, 2015 11:40am

getting taken out to the woodshed....

its hard to guess how serious this is, but given the past of companies having assets stripped away in this part of the world, investors are maybe over sensitive and throwing in the towel.  At the very least,  the risk discount is growing...
Comment by nexthink on Nov 20, 2015 11:43am
the problem is this country is very dangerous to be invested in. The governement can change the rules when they want. I am losing big time on bankers :(
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