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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 > Lord Skander
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Comment by LucasKnighton Mar 23, 2016 10:10am
197 Views
Post# 24692138

RE:RE:RE:RE:RE:RE:RE:RE:RE:Lord Skander

RE:RE:RE:RE:RE:RE:RE:RE:RE:Lord SkanderFirst of all,
                 i never said that the bid from Geo is not fair. And i have been in enough deals to know that counter bids get placed even when all else seems impossible. So i would never disregard 100% that news might come from left field.

And just because Shell is a super major does not mean that they are well versed with the albanian basin of which they had no knowledge PRIOR to their acqusition of Petromanas. 

Anyways...we will see what happens next. Hopefully you make some money when you sell.
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