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.

TSX:BNK - Post by User

Big Banc Split Corp

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Comment by Terek8on Apr 01, 2008 10:01am

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Post# 14925872

RE: BNK going to make support

Bnk may have a production problem or some have said they may.
Mr Taylor from Dynamic on BNN about 3 months ago.
He was a major bull on Rally in the very early stages.

So the question is when will they have the production problem, who knows !!
Worry warts always worry, but heck if we melt up and you like the stock, sell your warrants and keep your
shares, then pile into the warrants for the bounce back.

This will be a ride, for sure...

Terek 8

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