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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

Big Banc Split Corp > to all the bvllsheit posters
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Post by braincloudon Dec 04, 2015 11:45am
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Post# 24354741

to all the bvllsheit posters

to all the bvllsheit postersThe share price has very little to do with the value of the company. The Albanians can't grab any assets without jeopardizing their IMF loans and their status in the EU and reprisal from the Canadian government so you guys should stop speculating on stuff you know nothing about. Albania is a democratic society so to speak and the current government is broke. IMO there will be a resolution to this in short order. Even if BNK decides they can't produce, it doesn't change a thing.. Stop with these idiotic speculations!!
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