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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

Post by jr1010jron Dec 04, 2015 3:00pm
386 Views
Post# 24355767

Clowns

ClownsI can't help but write this post. First off this doesn't apply to the intelligent people out there. 

Who? Software engineer sitting on 60,000 shares of Bnk. 

Why? Many reasons too many to list.  And after speaking to IR she really clarified many uncertainties I had 

when? Oil will undoubtedly hit $60-80-100 in years to come. Patience will be rewarded with this company especially as Albania becomes more stable in a geopolitical manner. 

Bottom line. There's a lot of morons out there. And this site proves it to me. We / I have NO idea where this stock can go.  It can be zero by tmrw for all we know.  This is not our game.  It's not our casino. We are only the poor bartenders at the party. All we can do is manage our trades and money and hold on for the ride  

Target : $1.75 in a few weeks or a month

PS. Come to the table with real cash before commenting on this site.  1000 shares one guy wrote.  What a loser.  Insulting to my huge bets this morning and listening to idiots saying takeover and bankruptcy.  So ignorant.  
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