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.

TSX:BNK - Post by User

Big Banc Split Corp > Sorry but complete idiiots selling at $1.82

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Comment by ChupacabraBuenoon Mar 23, 2016 1:52pm

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Post# 24693680

RE:RE:RE:RE:RE:RE:RE:RE:RE:Sorry but complete idiiots selling at $1.82

Most of the trading in the last couple of hours was at $1.82. I know because I was trying to buy at $1.81. It took a long time to fill. I guess I was one of the entities of which you speak.

LucasKnight wrote: Does anyone else think that an entitiy or entities are buying the current share price at $1.81-$1.82. It does not seem to fluctuate at all...perhaps utilising an algorithm.

Volumes are getting lower though.

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