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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 Nov 08, 2012 7:45pm
96 Views
Post# 20579263

RE: RE: short interest

RE: RE: short interest

Geez guys,  look at th emarket in total, it tanked yesterday  SU who is very big and very rich dropped from yesterday at roughly 36 bucks to 33,00 and change,  Sam ewith Imperial oil. Sam ewith most oil producers.  Why our BNK should be immune is beyond me?  I'm scared like everyone else  I have 100's of thousands in vested in this thing so yea  unknown does that  but I do believe they are a good company.

NOW Caveat time.... I'm concerned about the later 1/2 of Q3  production was not what it was in the first 1/2 but many reasons for that, remember I mentioned earlier about equipment might be down this Q and Q3  for maintanence as a few of the rigs have been going 100% since they got in country..  So they may be down for major overhauls and that could explain the drop in the second 1/2 of Q3's production...

    As far as Q4 goes... anybody's guess and we wait for update on Monday.

 

Shorts ? ?   Pehriahs  nothing else to say about them  pure garbage.... like Hihenas on the plains in Africa  they would short their mothers if they could make 50 cents, and sell their sisters fo rthe same profit....They eventually get burned big time... and this is the stock tht can and will I belive do that to them...

 

Good luck to us all.... we may need some but regardless, I believe they are on the right track and with bumps in the way  they will overcome them.

 

Bullboard Posts