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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 > We see that logic does not apply in a state like Albania
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Post by dbeaude on Dec 03, 2015 6:38pm

We see that logic does not apply in a state like Albania

Bankers has done an outstanding job. They have a magnificent management team. Faithfully update their corporate presentation every month. Always trying to attract equity investors to help drive demand for Bankers shares. They should poor concrete down all of the wells jump on a plane and get the f out of that nut house. What is shocking me is the complete lack of judgement displayed by the government in choosing such a poor time to try to extract $75 million out of their golden goose If they were confident of their position, would they have waited just a few more weeks so the arbitration process could run its course and the government not reveal itself as lunatic. I am baffled!!!!
Comment by bago on Dec 03, 2015 6:42pm
So if we get out of Albania what is the value of BNK? I think the only option is to have some kind of agreement and even if one is reached this will never be the same. Today over 7 million traded so it's not just scared retail investors selling it's also institutional investors. Need some positvie devlopments really quick like tomorrow....glta
Comment by duck1964 on Dec 03, 2015 6:58pm
Things will get worked out, They as the tax collector are trying to force BNK for more tax money and BNK are playing hard ball they both need each orther cooler head will prevail and they will come to agreement with oneside with a bruised ego and I think that will be the people that forced the issue, This is a early Christmas gift for people who can see past all the redaric.
Comment by skepticalme on Dec 03, 2015 8:14pm
On the contrary. They might be quite logical. Mega short the stock as oil began to pull back. Then, make the stock look very undesirable. Then make it worse. Then cover. Then buy large. It's all quite logical.
Comment by windtalkers1964 on Dec 04, 2015 7:10am
Only 20 years out of communism . Do the government official ride around on horses, barechested like Putin? The proximity of the fiscal role model Greece isn't helpful either. It was greed that got me overweight the stock, my 1st mistake. Hopefully hanging on, not selling out of fear won't be my 2nd.
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