Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by oThedave2oo6on Apr 07, 2016 4:52pm
308 Views
Post# 24742529

Eric NutsAll Says Buy BNK now

Eric NutsAll Says Buy BNK now.BANKERS  PETROLEUM  BUYOUT AT $2.20 CASH  BY  GEO  JADE
2016-04-07HOLDEric Nuttall
 
The perception is that Long Run has been bought by a Chinese company and now another Chinese company GEO JADE) is buying BNK-T.  There has been 7 insiders buying from management.  He is tempted to dip his toe.  If you hold it, then hold on. $1.85 to $2.20 cash desl. E. NUTS MAY BUY NOW.
 
    
 
Price:
$0.000
Subject:
OIL & GAS
Bias:
BULLISH on OIL
Owned:
No2016-04-06COMMENTJason Mann
 
(Market Call Minute.) Recently got a bid from a Chinese Consortium at $2.25. Stock is trading well below that on the fear that the Chinese buyer might not have the cash or may not close the deal. There is also Albanian tax risk. He reads it that this deal probably does go through, and there is a nice spread there for someone willing to take that risk.
 
 
......
<< Previous
Bullboard Posts
Next >>