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 > Brompton reports LBS unit NAV @ $17.11

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Post by mouserman on Jul 13, 2024 12:59pm

Brompton reports LBS unit NAV @ $17.11

So either it is a late effect of the OFFERING, or the weightings and % have changed a bit. I see Brompton has updated to JUNE 30th .. so will have to go thru and change all the spreadsheets.
But over 14 cents difference is a lot. LBS last trade @ $7.54 leaves the commons trading at a very small 33 cent premium now. Value of the commons now @ $7.21 as the UNIT NAV gained 10 cents on Friday.

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