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 cosmicpumpon Jun 22, 2012 3:45pm

226 Views

Post# 20045558

RE: RE: Getting oversold

Once again

Market big up today (SP500 +0.8%) and oil stocks are up

S&P/TSX Capped Energy Index (In (^SPTTEN)

-Toronto

224.22 0.40(0.18%) 3:27PM EDT

Once again you try to mislead people. I have more than 50 oil stocks on my wacthlist and I don't see one that is loosing 10% today. BNK is the worst. So nothing due to market just due to the incomptency of the management....

Still 6 montsh of mor downtrend. You have to accept it

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