Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Ahsanon Dec 20, 2011 10:35am
264 Views
Post# 19337685

RE: No financing concerns

RE: No financing concernsyeah i would rather they keep a low guidance and wowed the market later. anyway looking at the stock price looks like someone has been caught shorting. he is desperate to hold it below 4.50. now this is where the fun really begins. dont sell a single share and buy if it goes down. this will really put a lot of pressure on this guy for he wont have any shares to buy and cover with. if he is selling/shorting someone else will be buying and putting him in a more short position which means he needs to make sure that the stock doesnt go high.

bnk should be nothing less than 4.60 now. oil is up almost $3 and tsx is up 200. if we cant get 6% on these days then why are we losing 6% on days when tsx is down 120 and oil is down $2. another example of market not fundamentally right and very slow to respond.sigh
Bullboard Posts