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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Don't discount Shell offer, Bankers asset is top notch prize
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Post by sevushka on Mar 21, 2016 5:59pm

Don't discount Shell offer, Bankers asset is top notch prize

This is pure speculation, but based on their recent acquision, looks like Shell was planning to make similar offer for Bankers.   I wouldn't be surprised if they got caught with their pants down and we will see $2.70 bid on the weekend.  I put my money where my mouth is and averaged UP today.  No profit taking, no thank you.
Comment by casino on Mar 21, 2016 6:04pm
I agree and with the provisions for the chinese to trump any other offer it looks like they are even expecting another outside offeer. Shell seems like the best bet but I still think this will end up going for at least $3. Watch and see grasshopper
Comment by Quick4you on Mar 21, 2016 6:18pm
...page 2 / 4  Finally, this is an indication that Bankers' stock is undervalued now. If Shell values the prospect oil field at $180M in the current market, which has only 1B barrels of OIIP. Bankers' Patos-Marinza oil field, with 5B barrels of OIIP, could fetch $900M, without accounting for the fact that the oil field is more developed than the newer prospect bought by Shell ...more  
Big Banc Split Corp