Big Banc Split Corp T.BNK

Alternate Symbol(s): T.BNK.PR.A

Financial Services Asset Management

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.

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Big Banc Split Corp > Crazy Value Here Now

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Comment by grantoueon Jan 19, 2016 7:05pm

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Post# 24474424

RE:RE:RE:RE:RE:RE:RE:Crazy Value Here Now

The books are being audited and the results will be accepted by both parties. we just have too wait for the results and oil too move up to $42 to get back too where we were. the company makes money even at this low oil price. It will make tons when oil rebounds and it will happen, if your scared sell . that is my best advice.

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