TSX:BPO.PR.A - Post by User
Comment by
pierrelebelon Jun 13, 2024 1:17pm
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Post# 36087462
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:I own a lot of one bank...
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:I own a lot of one bank...
wynnet - I hope your optimism is well placed and we all win.
Should S&P realize they made a mistake and reinstate a higher credit rating for BPO preferred shares justifying an average yield of 8% (considering the lower Bank of Canada rate next year), my BPO.PR.T would trade for $21+ giving my wife and I an additional $60,000+ capital appreciation.
I hope you are right! Our grandchildren could use the extra money down the road!