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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 > Aside from the fiasco with the Albanian Tax Department
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Comment by braincloudon Dec 11, 2015 4:17pm
244 Views
Post# 24378075

RE:RE:RE:Aside from the fiasco with the Albanian Tax Department

RE:RE:RE:Aside from the fiasco with the Albanian Tax DepartmentThis could be the sheit storm we have been waiting for. Two things, BNK price moves higher because of a more conciliatory view on taxation, stock moves higher S/T and or oil moves up or down. All things held equal stock moves higher short term. WILD CARD. Debt markets turn down hard like it did during the credit crisis. Smells like a duck,quacks like one, so its a duck. A credit melt down could separate the men from the boys! Take a Gravol and a 15 year old cuz it's goin' to be an interesting ride boys! All you minor lplayers step aside. Good thing BNK is already in the sheit house!
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