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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...
. 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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Bullboard (TSX:BNK)
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(0)
•••
StockInvestor16
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Comment by
StockInvestor16
on Sep 09, 2016 10:21am
RE:RE:Deal is done, congrats to all with patience
Yup. Going to be a bigger push in the end of the day.... What ever happened to the BrainCloud? lol, shorted his life away and called people morans.......lol Karm...........
(0)
•••
yetta
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Comment by
yetta
on Sep 09, 2016 10:20am
RE:Deal is done, congrats to all with patience
In at $1.95. Out at $2.19. Definitely worth the wait!!! (5 for 5 QJ!)
(0)
•••
QUANTUMJUMP
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Comment by
QUANTUMJUMP
on Sep 09, 2016 10:18am
RE:Deal is done, congrats to all with patience
looks like the shorts have accepted their fate
(0)
•••
QUANTUMJUMP
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Post by
QUANTUMJUMP
on Sep 09, 2016 10:16am
Awesome ride
this should be a relaxing weekend ...........
(4)
•••
BargainHunter88
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Post by
BargainHunter88
on Sep 09, 2016 10:16am
Deal is done, congrats to all with patience
It's been a long road, sold all my 20k shares at 2.18 not sure if the 2 cents are worth waiting for, going to put the cash to better use. Good luck to all. BH out.
(0)
•••
Dannygo
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Post by
Dannygo
on Sep 09, 2016 10:15am
SAFE approval probably happened 2 days ago
I heard China/ Canada signed many deals during the last day of Trudeau's visit. This is probably one of them.
(91)
•••
RockLobster1
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Comment by
RockLobster1
on Sep 09, 2016 10:13am
RE:2.17
wow just got filled on a bunch at 2.18... wasn't sure we'd get there... good luck on a short squeeze but can't see it over 2.20 unless there is a new bid! but hope you are
...more
(91)
•••
RockLobster1
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Post by
RockLobster1
on Sep 09, 2016 10:10am
No Halt... amazing
Great non news... I picked more up yesterday on margin and then today got a big margin call on them this morning... should be okay now! But no halt is pretty bad... there were at least 800K shares
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(0)
•••
QUANTUMJUMP
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Post by
QUANTUMJUMP
on Sep 09, 2016 10:10am
Closing details shortly
WTF !!!! PAY DAY SOONER THAN EXPECTED !!!!!!!!
(0)
•••
Dannygo
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Post by
Dannygo
on Sep 09, 2016 10:09am
2.17
Now 2.17. My targets are $2.5 and $3.....short squeeze.
(96)
•••
uograd
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Post by
uograd
on Sep 09, 2016 10:07am
Over a million shares now bid at 2.15
That is a tight arbitrage of less than 2.5% but shows this deal is done, done, done.
(0)
•••
QUANTUMJUMP
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Post by
QUANTUMJUMP
on Sep 09, 2016 9:59am
WOW!
Deal is closing 1 sip off coffee and 500k shares at $2.15 gone
(0)
•••
riverrow
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Comment by
riverrow
on Sep 09, 2016 9:50am
RE:6 Million Shares Shorted
I am shocked that anyone would be short this stock. There are much better shorts out there. GLTA.
(2)
•••
Valuewalk
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Post by
Valuewalk
on Sep 09, 2016 9:50am
Even little SMALL FRY Snake
Has a chance to limit his horrific emotional trading losses now that the deal is done. The rest of us get about 40 cents in 3 months with no stress. Another successful arb, thanks to Quantum and the
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(0)
•••
QUANTUMJUMP
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Comment by
QUANTUMJUMP
on Sep 09, 2016 9:49am
RE:very surprised it is now yet halted
lol yes .... press is imminent
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