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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

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Post by waitingstill on Sep 10, 2016 4:09pm

VLE

I agree with RockLboster about VLE. No debt, okay cash flow and a recent deal with Statoil. Huge gas netbacks in Turkey. Statoil should announce a monster deep gas target drill date in the coming weeks. Main risk is country situation which seems to have settled out.
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