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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 > Estimate of public float
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Comment by Crakermanon Mar 26, 2016 11:48pm
133 Views
Post# 24702575

RE:RE:Estimate of public float

RE:RE:Estimate of public float
Dude let it be. I bought this for the long term, but im voting Yes because i have other picks where i can put the money to work. Btw, traders buy for quick profits so noone of them would vote no and let their shares ,which they probably bought at 1.80, go to 1.10 or lower. I know you are underwater and thats why you dont mind holding this till you get your money back.. I believe is time to move on. Good luck
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