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Bullboard - Stock Discussion Forum Big Banc Split Corp T.BNK

Alternate Symbol(s):  T.BNK.PR.A

The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential monthly cash distributions in the amount of $0.05 per Preferred Share ($0.60 per annum or 6.0% per annum on the issue price of $10.00 per Preferred Share) until November 30, 2023 (the Maturity Date) and to return the original issue price of $10.00 to holders on the Maturity Date... see more

TSX:BNK - Post Discussion

Big Banc Split Corp > ICC Ruling
View:
Post by dubsbs on Nov 23, 2015 6:23am

ICC Ruling

Bankers gets positive ruling from Icc for albamia tax depaetment to reverse stance on bank accounts. maybe up .45 today... Ha Ha
Comment by nexthink on Nov 23, 2015 6:35am
Yes we all knew it will happen. But the problem the albs maybe wont listen them. Maybe they will always try to squeeze out Bankers. Dont trust the albs anymore.  Somebody can give me L2 level ? I want to sell at the opening 
Comment by dubsbs on Nov 23, 2015 6:53am
Why didn't you sell friday. most of the afternoon it washovering between 1.65-1.70...... loads of time to realize it stopped going down...... why today -----maybe because oil is down...... Hmmmmm.... you need a better plan ( stradegy)
Comment by nexthink on Nov 23, 2015 7:06am
because was shocked with what happened friday. I realize how risky it is to invest in Albania. Needed time to think especially made a big lost and it is a big part of my portfolio.  This weekend after thinking a lot I decided to sell. The albs wll do all what they can to squeeze out Bankers. Yes I know brent is close to break the $40 support. This doesn't help either as Bankers is not ...more  
Comment by dubsbs on Nov 23, 2015 7:23am
Fair enough.... maybe before you sell listen to conference call today at 8:30am. Then you may be able to re-evaluate your decision and feel more informed and comfortable with your decision. Ril in india has had similar situation with recovery costs (NIKO Partner ) and it seems to be that developing countries have a hard time interpeting their own production shareing contracts........ Cheers
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