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Bullboard - Stock Discussion Forum 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... see more

TSX:BK - Post Discussion

Canadian Banc Corp > BK UNIT NAV to May 7 = approx: $20.04
View:
Post by mouserman on May 07, 2024 6:15pm

BK UNIT NAV to May 7 = approx: $20.04

Spreadsheet shows a gain of about 20 cents since the update April 30th. TD has been a big drag on the UNIT NAV .. but is starting to bounce back. Was the only bank in green figures today.
Comment by deisman03 on May 08, 2024 12:31am
TD bouncing back??????? Anything happening now to the TD price of stock is mostly the result of speculation.  I hope it works out for those folks but way to much volatility for my tastes.  Even if TD tanks, IMHO the result for BK will not be nearly as drastic, unless the TD debacle opens more doors for further investigation into the dealings of the other banks.  I can't see ...more  
Canadian Banc Corp