Big Banc Split Corp T.BNK

Alternate Symbol(s): T.BNK.PR.A

Financial Services Asset Management

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

Comment by ModelT1on Feb 01, 2011 9:32am

241 Views

Post# 18053991

RE: RE: RE: RE: Bnn

This BNN bimbo is just trying to support a pairs trade he announced a few weeks ago.

Long Sea Dragon / short Bankers

So he's doing his best to trash Bankers and Sea Dragon was his top pick.

I'm surprised BNN would let this clown on so often.

Is you go to Stockchase, you can see his history. He said he was short Bankers down in the $7's.......OUCH!!

Bullboard Posts

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