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Canadian Banc Corp T.BK

Alternate Symbol(s):  CNDCF | T.BK.PR.A

The Companys investment objectives are (i) to provide holders of Preferred Shares with cumulative preferential floating rate monthly cash dividends at a rate per annum equal to the Prime Rate plus 0.75%, with a minimum annual rate of 5.0% and a maximum annual rate of 7.0% (ii) to provide holders of Class A Shares with regular floating rate monthly cash distributions targeted to be at a rate per annum equal to the Prime Rate plus 2.0%, with a minimum targeted annual rate of 5.0% and a maximum targeted annual rate of 10.0% and (iii) to return the original issue price to holders of both Preferred Shares and Class A Shares at the time of the redemption of such shares on December 1, 2012.


TSX:BK - Post by User

Canadian Banc Corp > Apr 29 Estimated Common NAV @ 12.15, Premium @ 18.9%
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Comment by deisman03on Apr 30, 2022 8:03pm
144 Views
Post# 34645350

RE:RE:RE:RE:RE:Apr 29 Estimated Common NAV @ 12.15, Premium @ 18.9%

RE:RE:RE:RE:RE:Apr 29 Estimated Common NAV @ 12.15, Premium @ 18.9%I can see where you're coming from but I had 3+X what I paid for it back in 2020 in the bag and that was slowly eroding away. 

You know what is said about the bird in the hand being worth two in the bush??

This is just IMHO, almost a gut feeling, more than anything I can put on paper.

IMHO, all is not well with the markets. To much political involvement for on thing and the politicians, along with their evil minions haven't been know for making positive decisions. 


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