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 > Bankers co-founder on leadership of another Albanian play

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Post by wisdompleaseon Sep 06, 2016 11:06pm

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Bankers co-founder on leadership of another Albanian play

As Bankers starts to get its legs before moving to $2.20, consider moving some funds into PNN which is also starting to gain stride. The volume has been ramping up considerably over the last month and no wonder given the Albanian prospects and the leadership team assembled. See for yourself:

https://www.penninecorp.com/principals

Do you DD and you will find incredible ground floor opportunity. Recent volume says something is up! If you like the Albanian exposure this is the next one to move. Shell already snapped up PMI over the last year so that is gone.

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