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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Big Banc Split Corp > incredible

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Post by braincloud on Dec 08, 2015 8:17am

incredible

To think that oil is now a few bucks below the most optimistic break even point for producers! That BNK's market cap is within a wedge shot of sales in 2011 at $270 million.who would have thought that by OPEC doing nothing would have brought oil down by this much! We're people really thinking that they were going to cut? It's gonna be a bumpy ride so hold on!

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Comment by Gamaya1 on Dec 08, 2015 8:57am

"Hold on" well I arlready sold as I think its stupid to keep our shares as oil is moving to $20-$30. Better sell BNK at the opening and buying at 50 cents when oil trade at $20-$30 next year.

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Big Banc Split Corp