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.

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Big Banc Split Corp > Brent at $48.80

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Comment by casinoon May 16, 2016 8:13am

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Post# 24876017

RE:Brent at $48.80

Exactly. There are posters who always peach to find another beaten up oil stock but with oil rising they too will rise in price.

Vote No and stay where we are. Let French and Co manage the company the price will rise $3 plus in no time.

Long time holders are losing and I hope it is long time holders that all vote NO.

Many already have.

Oh and that $20 million fee is about .07 per share. I will gladly pay that to sell higher down the road.

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