GREY:EBGUF - Post by User
Post by
Winningstreakon May 17, 2018 9:05pm
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Post# 28049937
Higher premium more than likely---see below
Higher premium more than likely---see belowCeo of Enbridge today.... "Monaco said that although Enbridge is the biggest stakeholder in Enbridge Income Fund, they have a board of directors that must act in the interests of the shareholders and negotiate the beat deal possible..."
This is great news for us folks that hold both ENB and ENF. There will be negotiation for higher selling price of ENF, which will make ENB go down slightly, but that means we will be getting higher premium and moving to ENB on a dip creating a separate buying opportunity. I am happily awaiting the consolidation so that I can pick up some more shares of Enbridge without having to take that money out of my paycheque separately.