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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

Big Banc Split Corp
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Comment by bmeisteron Feb 13, 2012 9:47am
302 Views
Post# 19524662

RE: RE: oil....and lots of it!

RE: RE: oil....and lots of it!

Likely the bopd at average of 13000 plus is what some people focus on,not the dramatic increases in 1p,2p reserves. Buy on any weakness because if the steam assist comes in close to projections,this will move up very quickly.imo

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities