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 > still from td...a superior offer is unlikely to happens.....

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Post by Bobby99 on Apr 01, 2016 9:13am

still from td...a superior offer is unlikely to happens.....

Based on our views of the offer price (as detailed below) and the ongoing issues the company is facing in Albania with regards to the ongoing tax dispute and possible changes to the terms of Petroleum Agreement, we believe that the possibility of a substantially superior offer above Geo-Jade’s price is not likely.

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Comment by casino on Apr 01, 2016 2:01pm

Seriously that is good enough for me. I have learned that anything TD says is NEVER accurate pertaining to BNK. Just a matter of time before another offer hits the tape.

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Comment by braincloud on Apr 01, 2016 4:25pm

Casino, brother, I hate to break it to you, but no other deal is coming unless you have one personally! If you have one personally your advisors should be fired.

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Big Banc Split Corp