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 bmeisteron Mar 04, 2010 10:38pm

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Post# 16845887

RE: ABBY BADWI #1 on TSE ,,,,BNK

Like I've been saying, this is the REAL deal! Abby and company are phenoms in this oil business and know when to push the buttons with the institutions as well as retail. So.from the analysts's reports, my $10 by years end could even be low.Gottal love it. In all seriousness, we will likely retract from time to time but rest assured, this stock has a lot more in the tank because of our massive reserves. Buy on dips,but don't expect these dips to fall very much below the present price. I for one am not discounting 15000 barrells per day to close out 2010' What is the price of them apples,Sirscoop!!

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