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

Bullboard Posts

Comment by jastorontoon Feb 14, 2012 7:03pm

314 Views

Post# 19534457

RE: RE: dbeaude

Good job brother. I know management has been positive and have faith in their team. Lets see if they deliver what they say. I understand you have talked about Baytex in the past and suggested that BNK will never hit $60 because someone will pick this company at 10 to $12.

In Oct. I bought 2500 PBG at 7:40 and PBN 2000 at 8:20 but sold them in $ 10 range. You never know how these stocks move.

happy trading.

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?