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 02charocon Apr 04, 2008 12:59pm

223 Views

Post# 14939297

RE: Conflict of Interest?

April 4

Josef Schachter

Josef Schachter received a call on BNK and also likes the stock and recommended it down in the 0.56 a while ago. Doent have a current target price as it has already surpassed its target price and therefore it is under review but sees a lot of upside.

Yes people who generally think a stock is going to do well will usually buy it. Many other analysts other than Sprott saying good things and increasing target prices.

Do you short stocks that you think are going to do well?LOL

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