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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
Post by mjl124on Dec 10, 2012 7:24pm
213 Views
Post# 20710153

Who is taking bets that

Who is taking bets that

Barfno number 000  comes back in here two to three weeks from now to tell us he bought at 2.40  and if the share price rises to += 3.20 he will be claiming he knew this all along but wanted to get his tax loss period out of the way >>>>>>    Or better yet,  he shorted Bankers, starting at 3.40 right to the low of 2.38 and made a killing  now he bought back at that 2.40...  He's a genius folks .

 remember he's the one who worte Me and my company are goign to short this mercilessly  no mercy to the idiots who hold Bankers.

 

Bullboard Posts