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 Resilienceon Jan 25, 2009 4:20am

596 Views

Post# 15726999

Heavy Oil play guys - what's prod. costs?

Their cf is minimal at best atm and their cash position isn't great.

In my opinion it's better to ride the conventional oil plays first - they will move up quicker with oil prices. With your leverage there you can jump into this one later.

Don't sit out the ride on conventional oil while waiting on BNK.

Conventional Light Oil -> Heavy Oil -> Oil Sands - it's a nice wave to ride if you believe in higher oil prices.

R.

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?