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

Bullboard Posts

Post by Wearychoochon Apr 22, 2008 12:08pm

314 Views

Post# 14996509

Support

We are approaching the support level of 1.60 Hope it holds.

Technical Analysis for Bankers Petroleum Ltd (BNK) CDNPrintable Version

Technical IndicatorsTrend Descriptions

The 20 and 50 day moving averages indicate that BNK may be in a bullish trend. This is because the 20 day moving average is above the 50 day moving average.
BNK is trading above its 20 day moving average. This is considered to be the sign of a bullish trend. There is added weight to this indication because the moving average is rising and signals that there has been buying interest in this stock.
BNK is trading within its Bollinger Bands. This is a normal condition and means that the stock is neither overbought nor oversold relative to the price action over the last 20 days.
BNK has been relatively stable recently. This is evidenced by the width of its Bollinger Bands which are tighter than is normal due to the low volatility.