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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 > You ask yourself...way too much question....
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Post by Bobby99on Apr 16, 2016 6:42pm
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Post# 24775457

You ask yourself...way too much question....

You ask yourself...way too much question....With the price of oil increasing bankers wont go back to 1$
it would be sitting now arround 1,50.. Anyway
that company woth way too much and i wonder if ther triggered the panic button way too in advance......

buy and risk to make 20% ....or wait that it will come back to 4 $ or even  more.......

no risk
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Dealroom for high-potential pre-IPO opportunities