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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 Sep 15, 2010 6:56pm
646 Views
Post# 17453327

RE: RE: RE: RE: RE: BNK and technically speaking

RE: RE: RE: RE: RE: BNK and technically speakingNot long ago I was contacted by stockhouse (I'm sure many of you have been too) - asking for suggestions to improve the site.
Top of my list was - prevent posters from marking their own bullboards
                                 - keep folks honest and fair - by devulging  to the recipient the user name of anyone using  
                                    the 'ignore' feature'     This would stop anyone using the feature maliciously.

Its all too easy to give the impression that a bullboard post has wide acceptance and therefore to be taken seriously.   Bashers can do this easily by not only marking their own comments but also by getting friends to mark their comments too.  I suspect some nervous retail investors fall pray to this tactic.
Bullboard Posts