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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 > And we think Albania is bad
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Comment by agspo63on Jan 15, 2016 9:03pm
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Post# 24464214

RE:RE:And we think Albania is bad

RE:RE:And we think Albania is bad
Yes, you are right, at $30 Brent, its netback per barrel is $2.88
I have read the 7$ figure a couple of posts bellow and I got carried away :D
Still it sounds much better than negative netback as we can see on most of the other canadian companies... let's try to be optimistic, at 29.20 closing price today for Brent the situation is quite bluish... and it's albania
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