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.

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Big Banc Split Corp > Absolutely not will I vote for this

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Comment by braincloudon Mar 20, 2016 8:33pm

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Post# 24681845

RE:Absolutely not will I vote for this

Casino, how in the eff does the stock go to $3 without another bid exactly? WTF are you thinking? Yes, there is an outside chance that oil has a significant run from here, but without that there's no effing way. Fk you David French? Really? Without this bid there was no telling where it goes with the fluid nature of oil price. At least they managed the company affairs in such a way that it made BNK look attractive!!? The Macro environment caused the low oil price NOT French! Look around the oil patch ALL have been killed. You're so freakin smart why don't you go out there and find a bid in this environment! Dyckhead! Suck it up buttercup and move on you sniveling whiney a$$ wipe!!

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