Canadian Banc Corp T.BK

BK unit NAV to Jan 26= APPROX: $ 24.79

[mouserman]

My  spreadsheet updated has BK losing about 56 cents since the midmonth update.
SO puts the value of the commons at about $14.79 before distributions.
The last 3 days of the month  of January will determine the monthly payout to commons in March, for the month of FEB.

[deisman03]

I have taken an average of the closing prices on the last three days of the month to figure out what the distribution will be.  I'm usually pretty close but never right on.  I'm wondering if they have a computer generated amount that actually uses the average of each days prices, rather than the closing price, or whichever is lowest?? GLTA the good folks here

[EdPaquette]

It's a trade weighted average, so not related to the closing price.   

[mouserman]

You cant use volume number and average sales price from Canadian bank brokerages unless you have access to the ATS systems. I use stockwatch which gives the true volumes. Some days over 50% of the volume goes thru the ATS systems which are not reported on the Bank brokerages for the most part. I have TD and it is always lower volumes than the STOCKwatch volumes that include ATS.

[deisman03]

Thanx for that. Pretty much explains the discrepency. GLTA the good folks here.