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 unit nav to OCT 28 = approx: $19.40

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Post by mouserman on Oct 28, 2024 4:26pm

LBS unit nav to OCT 28 = approx: $19.40

Showing a gain of about 4 cents since thursday numbers. After distributions to commons LBS common shares would be valued @ $9.30..
The last trade today was $8.75 so the discount is still very big @ 55 cents or about 5.9%

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