TSX:BPO.PR.A - Post by User
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SONOFFERGUSon Jun 12, 2024 11:50am
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Post# 36084944
RE:RE:RE:RE:I own a lot of one bank...
RE:RE:RE:RE:I own a lot of one bank...Good morning Carena.
Off the top, I expect that regulatory capital is better kept in one big pot. BN and friends get to play more, ahem, fast and loose, with their capital.
It seems Mr. Market is a little skeptical that the deal will get done. CWB $42ish versus $52ish announced value when NA only off 5%. Hmmm.
The BN complex should be absolutely rocking today with long rates dropping so hard. Frustrating that they sell off when rates go up and don't fully retrace when they go back down. Grrr.
Not sure what to think about BPO. Lower rates should be net positive IMHO. Maybe Canadians with big gains are selling before the taxes go up on the 25th?