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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
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Post by lefmike1on Nov 19, 2012 2:20pm
132 Views
Post# 20618625

Where would BNK be if the MM's weren't

Where would BNK be if the MM's weren't

hammering it today?

 

I'm looking at the trading and it seems to me that everytime a foothold is made someone kicks it back out.  Not on a positive day like today across the board... Something really stinks here.  I'm sure it's not just the Shorts trying ot get this thing down..  Frustrating to say the least. just imagine if the markets were tanking today...

 

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities