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 > market call

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Comment by LordIskanderon Mar 29, 2016 5:31pm

361 Views

Post# 24708654

RE:RE:RE: market call

If he needed a friend of his to tell him that Geo-Jade has been suspended for 6 months pending the fundraising, he ain't that bright.

It's just another one of those types who would pass a name like Albania and Geo Jade because he does not' know' them.

That passing comment he made on 'the asset is in Albania, the purchaser in China...' blah blah blah.

Geo Jade has successfully raised money at the level of $500MM several times before, including when it purchased its Kazakh properties

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