Financial 15 Split Corp T.FTN

Alternate Symbol(s): T.FTN.PR.A | FNNCF

Financial 15 Split Corp. is a mutual fund, which invests in a portfolio consisting of over 15 financial services companies. The Company offers two types of shares, such as Preferred Shares and Class A Shares. Its investment objectives with respect to Preferred Shares are to provide holders of Preferred Shares with cumulative preferential monthly cash dividends in an amount of over 6.75% annually and to pay the holders of the Preferred Shares approximately $10 per Preferred Share on or about the termination date. Its investment objectives with respect to Class A Shares are to provide holders of Class A Shares with regular monthly cash distributions and to permit holders to participate in all growth in the net asset value of the Company over $15 per unit, by paying holders on or about the termination date such amounts as remain in the Company after paying over $10 per Preferred Share. The Company’s investment manager is Quadravest Capital Management Inc.

TSX:FTN - Post by User

Financial 15 Split Corp > Holy premium

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Comment by pjn0987654321on Dec 10, 2020 8:42am

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Post# 32075302

RE:RE:RE:RE:RE:RE:RE:RE:Holy premium

I believe I read Dec 17 is consolidation day. I don't know if it happens before open or after close. My guess would be after close. Then upon open on Dec 18, trading starts at the scaled up price of the 17th closing price.

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This junior mining stock offers billions in market exposure