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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Big Banc Split Corp

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Comment by seabird1on Aug 27, 2006 12:42pm

181 Views

Post# 11279049

RE: unhappy times...

production going up...every quarter accelerating on a percentage basis Netbacks increasing quarter on quareter since they started operating costs continuing to drop on a per barrel basis G & A holding steady, down as a percentage of boe sales.. Only pres of US moved to board, the main man Wadsworth still doing excellent job overall. Massive land package in USA, NOT just Palo Duro...look at the Power point on the website. If even ten percent of that land can be productive like the Barnett that adds $4.00 to the share price! Not including the Overseas cash flow which ...just a keeps on agrowin...confidence is increasing and there is only one way for these shares to go ..its black and white to a seasoned stock person. You will kick yourself when this turnsaround and all this was clear even now..good luck all, short it bravely and carry it with confidence. In the end the numbers NEVER lie.

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