Big Banc Split Corp T.BNK

Alternate Symbol(s): T.BNK.PR.A

Financial Services Asset Management

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 lefmike1on Sep 10, 2012 12:51pm

145 Views

Post# 20342923

RE: RE: RE: Silkroad Equity bid reckless

You've brought up a very interesting point...

These suits certainly don't want to become oil barons, so whats the smoke n mirrors in this?

Could they be acting for unknown as of yet investors? Shell? BP? Exxon? just a thought? I have no clue but could it be possible? And after they are contacted by the Goverment or whoever is responsible for selling the asset, they will be informed then? Just a thought...

Bullboard Posts

@ the Bell: TSX advances to start off Christmas trading week