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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 BrokerGon Feb 26, 2014 11:24am
285 Views
Post# 22253358

RE:Albania Oil History Documentary

RE:Albania Oil History Documentary
Thank you Serafin for the video. I have not seen this before. Extremely informative and really brings home the accomplishments Banker's has been able to achieve in Albania.

Great promotional video, for new and current investors.

I think the next major catalyst for the stock with be the water/polymer flood test results in July/14. Increasing production by 10-15%/year is fantastic, but this process will bring us to an entirely different level. If successful, that is when we can start entertaining the idea of a takeover.

BrokerG  
Bullboard Posts