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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

Bullboard (TSX:BNK)

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Comment by StockInvestor16on Aug 31, 2016 7:43am

RE:RE:RE:IM SHORT 10,000 SHARES

Hi Think about it Quinto5, announcement comes in, massive buys occur, including me, even if I make the spread between 1.92 to 2.18. Money in the bank. Shorts will never be able to recover and if they ...more  
122
Discussion
Comment by Quinto5on Aug 30, 2016 11:30pm

RE:RE:IM SHORT 10,000 SHARES

Unfortunately, Snakey will probably will be able to cover without too much pain. But wouldn't it be fun if everyone held out to the bitter end (i.e. $2.20 payout). Then the shorts would have to ...more  
184
Discussion
Comment by BargainHunter88on Aug 30, 2016 10:50pm

RE:IM SHORT 10,000 SHARES

Good luck covering at 2.03, once it is in the news. It will probably gap up to like $2.15 or above. At which point I may get out depending how attractive other oil stocks look. But I understand the ...more  
155
Discussion
Post by QUANTUMJUMPon Aug 30, 2016 9:50pm

Conundrum

A guy who posts give me my F'cking money for several months  A company that makes an amendment in a contract to include no SAFE approval BNK keeps the $20m USD which is in an escrow acct in ...more  
201
Comment by QUANTUMJUMPon Aug 30, 2016 9:27pm

RE:Deal will go through

The fact they are putting out the press release to their shareholders is quite a onfirmation  like it or not 
109
Discussion
Comment by QUANTUMJUMPon Aug 30, 2016 9:26pm

RE:Deal will go through

The fact they are putting out the press release to their shareholders is quite a onfirmation  like it or not 
113
Discussion
Post by BargainHunter88on Aug 30, 2016 7:27pm

Deal will go through

BNK does not have the cash and technology it needs to fully optimize its operation, access to Chinese capital will be a good way to achieve that. Geo-Jade issued a press release (https://finance.sina ...more  
246
Discussion
Post by QUANTUMJUMPon Aug 30, 2016 4:52pm

$4.55

I was buying Alter NRG at $4.55 when its approval was delayed  $5 a week later ,,,,,,, paid to all shareholders  low volume .,, time for the SH Billionaires to pay their rent as two ...more  
187
Comment by casinoon Aug 30, 2016 4:30pm

RE:Not good

I sure hope you are.
98
Discussion
Comment by QUANTUMJUMPon Aug 30, 2016 3:40pm

RE:RE:No chance Casino

I had Alter NRG a ompany that would inevitably be over $10 get bought out at $5  management supported the bid - also had all otions paid , severance packages , and kept their jobs at same salary ...more  
129
Discussion
Comment by casinoon Aug 30, 2016 3:34pm

RE:No chance Casino

I am so sick of this company. BNK could of been a star but all this audit $hit, oil collapse and current management selling out leaves a bad taste in a longterm holders mouth. My point is pay the $20 ...more  
133
Discussion
Comment by Quinto5on Aug 30, 2016 3:16pm

RE:BNK should pay the 20 million and pull out

That would be a bad business move. Plain and simple. Why would one pay $20 Mil to break this deal when you can make $20 Mil for one month's of patience?
94
Discussion
Post by QUANTUMJUMPon Aug 30, 2016 3:06pm

No chance Casino

as two private Chinese equity firms provided the funds for purchase all 3 (including Geo- Jade) had to be "cleared  All "clearance" has now been achieved , coincides with final ...more  
141
Discussion
Post by casinoon Aug 30, 2016 3:00pm

BNK should pay the 20 million and pull out

With the audit in their favor and oil rebounding BNK will be $3 plus stock but first French and his cloonies that tried to sell out to protect their jobs need to be turfed out. This was a $7 plus ...more  
167
Discussion
Post by Windsormanon Aug 30, 2016 2:53pm

Court Decision

Favourable decision removes a major roadblock to the deal being completed. Patience will be rewarded IMHO.
90
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