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

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TSX:BNK - Post Discussion

Big Banc Split Corp > .98

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Post by UppersDowners on Dec 04, 2015 10:05am

.98

we are looking at the end of a company. I bought all my shares years back over $6.00 so looking at a big loss. Should never bought outside North America but thought Albania was safe. Never again..........

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Comment by UofTrader on Dec 04, 2015 10:24am

That really sucks $6 is a pretty expensive entry point but honestly both sides are unhappy so I think we'll see a solution and a gap up in the near future where you can take your losses or average down by buying more. Buying at $6 upside was way smaller then downside pay attention to that next time around.

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Big Banc Split Corp