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 > I'm still in but...

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Comment by Markzillaon Dec 04, 2015 12:39pm

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Post# 24355043

RE:RE:I'm still in but...

trader99999 wrote: Solid company and good management team....analysts like it. This is a hiccup. Hard to catch a falling knife so pick your entry point and get back in...JMHO.

I agree completely. It's complicated due to... Albania and the company being completely invested in Albania, but I'm just waiting to get back in. Hopefully, the news on the trading halt will allow us that opportunity.

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