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 > lbs up and banks dropping ?

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Post by Stwatcher2 on Oct 31, 2023 12:11pm

lbs up and banks dropping ?

any idea why we are climbing when the banks are dropping today ?

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Comment by NoShoesNoShirt on Oct 31, 2023 12:22pm

LBS is rebounding from being too close to the cut-off point, also rebounding from an offering.

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Comment by Ozzie9661 on Oct 31, 2023 1:07pm

Whatever happened on Friday was a massive overcorrection, we're returning to a more normalized stock price today. People are buying in anticipation of the stock price going back up to the $7-$8 range.

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