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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 > shareholder meeting two weeks from today
View:
Post by uograd on May 16, 2016 12:26pm

shareholder meeting two weeks from today

So start loading up because once this gets the token 99% approval, over 2 bucks forever it goes.
Comment by dubsbs on May 16, 2016 1:23pm
I voted Yes and it a done deal as far as i'm concerned... cheers
Comment by ImFineThanks on May 16, 2016 3:37pm
Another obsticle will be if they can raise the funds. Havn't heard much.
Comment by braincloud on May 16, 2016 4:14pm
Not there was much doubt amongst the insiders who out their money on the table, but with oil having taken a rip me thinks that the Chinese will have their ducks in a row.
Comment by PUNJABI on May 16, 2016 7:49pm
Why load up, your logic is wrong. This stock has a limited upside in case the deal goes through. This stock is capped while other stocks are breaking out. PGF popped $.29 in one single day today.  When the oil hit bottom PGF & BNK were trading at pretty similar prices & bottom for both the stock was close, matter of few cents. Today PGF closed at $2.43 with intraday high of $2.48 ...more  
Comment by casino on May 16, 2016 8:05pm
Management was only concerned about job preservation. Chinese will dump their sorry a$$es if deal does close. French and Co would be better off running the company like they were and then accepting a sweeter offer down the road. If offer does not come BNK will still rise with oil rebound. BNK is worth more than $2.20