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

Bullboard Posts

Comment by Ahsanon Mar 26, 2012 12:40pm

377 Views

Post# 19718222

RE: RE: $4.00

what do u want me to do? with our support gone theres pratically no one buying here. look how the trading is going. even when the market is so up this is down. what will happen tomorrow when the market corrects a little and is negative. i say sell. yeah this one sell is at a loss but this is where our trading is going to come in handy. why did we trade it before? to help us here. sell and we will buy at 3.80 and below. start selling other stocks here and there. look at cnl. sell that. start building up cash to buy this below 3.50. this is a good stock. but right now its just not worth it. let the suckers hold.

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