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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

Bullboard Posts
Comment by tinman8on Feb 26, 2009 1:53pm
539 Views
Post# 15805721

RE: target price

RE: target priceI'd be more impressed if people like Tristone, Genuity and the rest of them would actually predict a higher price target BEFORE its become obvious to every investor who follows the stock.
What a nice easy job - see a SP rocket up then predict a higher target !   - Wouldn't we all like to be paid for that type of information.
Dont get me wrong I'd rather see a higher price target than not simply because inexperienced investors tend to be swayed by such news.
The only real way is to do our own DD - which most of us do - and on that basis IMHO the stock has a bright future.
Bullboard Posts