Bullboard - Stock Discussion Forum Life & Banc Split Corp T.LBS

Alternate Symbol(s): LFBCF | T.LBS.PR.A

Life & Banc Split Corp. (the Fund) is a Canada-based mutual fund company. The Fund's investment objective is to provide holders of Preferred shares with fixed cumulative preferential quarterly cash distributions and to return the original issue price on the maturity date, and to provide holders of Class A shares with regular monthly cash distributions and the opportunity for growth in Net Asset... see more

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TSX:LBS - Post Discussion

Life & Banc Split Corp > Halted

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Post by RusticHit on Apr 11, 2022 3:27pm

Halted

Another Financing Issue ?? If thats the case 10.50 tomm.

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Comment by stwatcher on Apr 11, 2022 6:55pm

Or less ... done at 10.03 https://ca.finance.yahoo.com/news/life-banc-split-corp-announces-192900994.html

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Comment by stwatcher on Apr 11, 2022 6:56pm

Correction class A at 10.70

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Comment by RusticHit on Apr 12, 2022 3:22pm

Banks taking Big Hit so i don, tthink this will go Up soon could down under 10 soon if that continues

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Comment by Beuler on Apr 12, 2022 3:31pm

was going to jump in but then I read last 5 years of financials.. wouldn't rush into this one jmho. 994 nav

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Comment by Obscure1 on Apr 13, 2022 1:50am

Beuler: Your post peaked my interest. Could you please share with us what you gleaned from reviewing the last 5 years of financials that turned you off. Is it Brompton's management, or the fees, or the financial industry, or the holdings, or the percentage breakdown of the holdings, or the risk/reward of splits in general or this particular split? You mentioned the premium ...more

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