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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 > Time to reflect..
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Post by himmler on Apr 12, 2016 8:52am

Time to reflect..

I've been quiet for a few weeks ,but feel compelled to step in with my say today...enough is enough.What is wrong with you people??? I can understand idiotic nonsense from punks who expect $2.20 today and $5.00 tomorrow ,simply because they're stupid and have never invested...but what about some of the rest of you??
If this deal goes through,everyone gets $2.20.and if it doesnt???  So what !!! It wasnt long ago that all the longs were lamenting that we were worth far more than $1-$3..So what the hell changed??
Spare me the nonsense about future oil price,as in the same time we  were all in agreement that oil will never stay at $30 ..and it hasnt...and we know it wont stay at $40 either.Spare me the garbage about the Albanions,because thats all old hat now ..just as the risk with dealing with them as always a concern...all old hat.
This company has proven itself many times over the years,so suddenly we as longs are concerned that things dont work out???WTF is that all about??
The facts are clear....if this deal works ..great..if it doesnt we are in the same position we were in a month ago...read your own posts from that time ..and ask yourselves...
what exactly is to fear in the future????
Comment by braincloud on Apr 12, 2016 9:36am
I hope you feel better Herr Himmler. I agree with all of what you said. All this posturing about "what if's" and other's stroking there peckers about how smart they were is all too much to bear. The Chinese are more closely aligned with the Albanians so maybe they feel comfortable that they will work well together. I think this deal goes through, not because I know anything ...more  
Comment by himmler on Apr 12, 2016 10:42am
Yes BC ,I do feel better now lol.the point is that no matter what happens ,as a  shareholder,things will work out for us.For what its worth ,I also feel that the deal will work out with the chinese. My main point was that no matter what, BNK was ,and is a good company.
Comment by pjecan on Apr 12, 2016 11:53am
Which begs the question: when oil is climbing nicely and the odds of the deal completing are good then why is the stock price basically stagnant ? just a question from one of the boards idiots :)
Comment by braincloud on Apr 12, 2016 12:08pm
Same reason as before, speculation that Geo can't come up with the money. The oil price has nothing to do with their ability to raise the money. They aren't tied. How's that B.I.?
Comment by pjecan on Apr 12, 2016 12:28pm
Plausible. B.I.
Comment by braincloud on Apr 12, 2016 11:55am
I agree, and the fact that they got a bid substantiates that fact. I hope that the Doha meeting results in no production cuts, we tender our BNK stock , then pick something else to ride the next wave because OIL will get crushed again. That's what I'd like to happen, so it won't. It seems to me that there's much speculation that Iran, Iraq and Libya won't have anything to do ...more  
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