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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Post by stocktaon Apr 15, 2008 9:34pm

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Post# 14974529

Joanne Hrushka's questionable calls on bnn....

take a look back in Aug 07 she called a sell on BD.TO at 6.18. Well it subsequently rose to 8.50 (40% higher than her sell call) and is currently at 7.44 (up 20% since her sell call). If you look at the chart of BD.TO it is also still in an uptrend and looks good to rise higher. Looks like someone didn't have any BD shares at the time just like she doesn't have any BNK shares now. Funny how your history comes back to haunt you.

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