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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

Comment by oilsydon Dec 23, 2015 10:54am
85 Views
Post# 24407981

RE:RE:RE:Am I ever glad this year is over

RE:RE:RE:Am I ever glad this year is over

Brainy,

If I only wanted to hear people singing my tune, I would not even bother to waste my time coming on here.The whole point of being on this board is to hear the gamut of opinions.  I find it interesting that your opinion is always "informed" even when you are wrong.  It is just arrogant to claim that your opinion should be more valued than everyone elses especially when you have such a poor record on making predictions.    On the plus side, one cannot ignore the amount of time you have put in to researching  BNK and to share those opinions.   But, why do you continue to pour cold water on anybody who opposes your ideas and to disparage those who know less than you do?  I would also criticise you for suggesting that anyone who thinks the price is going down must substantiate their beliefs by shorting instead of holding cash.  The latter investment is a far safer investment than the former.  And by the way, Brainy, lots of investors called oil correctly when they sold their shares and moved to cash.  All that buying you have been doing, came from someone who was sensible enough to sell.

Cheers

Oilsyd
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