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 kevinatoron Jul 18, 2008 4:08pm

608 Views

Post# 15307968

ATTENTION !!!

Do NOT let fools on this BB fool YOU into thinking the sky is falling or whatever %^% they are trying to shovel down your throats . I've lost more than I've gain listing to bashers.................... Oil will never drop substantially, if anything they will double withing 7 years. IMHO Drilling is too expensive, and more and more dry holes are drilled. YOU figure it out. This company has resources and big a*&^ rigs that are producing , decent cash flow and good management with plans. This drop in SP is only profit taking , nothing to do with the $ of oil, LOL , what a joke.
Thanks all , I've vented!!!!!!!!!!!!!!!!!!
:_)

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