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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 jastorontoon Mar 30, 2012 4:32pm
205 Views
Post# 19740993

RE: RE: RE: Hey Ashan

RE: RE: RE: Hey Ashan

I guess Ahsan sold all his holdings at 3.95 to 3.99 but then buy back 2900 at 4.00 lol. I don't relly know how can he make money in these trades. Now he get caught while his pants are down. BNK will not test 3.99 resistance level because all oil companies are going up now.

BNK was down in sympathy with other oil stocks. I mean, PD, TDG, TLM, SU, SVY, VRO,GTE all kept dropping for the last 6 trading days and only went up today.

All we need is one good news. people say that steam/thermal injection report will be negative. I hope they release some production increase and water problem resolved news soon and this stock can easily touch $5.00 mark soon.

I'm holding my shares till a Chinese oil hungry company brings a sweet offer at $12.00

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