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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

Bullboard Posts
Comment by lefmike1on Sep 11, 2012 2:05pm
138 Views
Post# 20348581

RE: RE: RE: RE: Who is the Albpetrol bidder?

RE: RE: RE: RE: Who is the Albpetrol bidder?

Very well put together comment lepton.  Remember on ething, this is a public blog adn people can say what they want, as long as it passes the poo poo test in literature by SH.  Meaning anything written here can be total BS, and I suspect what is being written regarding the deputy prime minister is bogus,  or maybe not,  but we have not received one schred of evidence that what ws written here is the truth and nothing but now have we?

Remember Albania is a country with a very limited goverment so the chance of there being some kind of fraud I would say is in reality quite possible.  Also remember the offer price for Albpetrol was  what did they say? 1 /10th of Albanias gross domestic product, this is not a rich country by any means. So I guess anything is possible.

 

Bullboard Posts