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

Comment by braincloudon Apr 22, 2016 8:01am
138 Views
Post# 24797782

RE:RE:RE:RE:RE:RE:RE:RE:RE:Could another party bid??

RE:RE:RE:RE:RE:RE:RE:RE:RE:Could another party bid??My point was that you are spewing the thesis that Shell might reconsider given that oil price is higher now. There's no way that Shell will do this. It makes no sense. If you have some metric that suggests that this might make sense then I'd suggest you share your thesis rather than just throw out garbage. That was my point. I'm an a$$hole in your mind because I challenge you to higher levels of thinking and you can't or don't want to do. There's no point in even discussing it. The Marinza oil field is very complicated! There are many layers of differing viscosity that requires a high level of engineering. Geo's property bears very similar characteristics and thats why they have been working together for over a year. There's too much water over the dam for another party to throw a counter bid. It would have to be another heavy oil producer that would make a bid. So any talk about Shell is just stupid. Am I making myself clear?
<< Previous
Bullboard Posts
Next >>