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 Aug 17, 2011 10:41am

307 Views

Post# 18951219

RE: RE: RE: RE: RE: RE: Bankers dropped

I am not sure if it is my post you are referring to but to answer,i am looking at their reserves,their net profit per bl. at brent prices,number of active rigs ,pending results from steam assisted trials,bbl's produced per diem, management expertise and history,etc. That is why ,imo,we are undervalued big-time,EVEN if we missed a bit on production.

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