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Enbridge Income Fund Holdings Inc. EBGUF

"Enbridge Income Fund Holdings Inc is engaged in the generation, transportation and storage of energy through its green power generation facilities, liquids transportation and storage facilities."


GREY:EBGUF - Post by User

Comment by Retire2024on May 18, 2018 10:29am
91 Views
Post# 28051998

RE:So IF I Understand This Correctly - -

RE:So IF I Understand This Correctly - - That is what it says in the Enbridge news release. So it really doesn't matter what the ENF stock price does if this gets approved. I hope it rises at a slower % rate than ENB since then I can buy more ENF, collect the better dividend for now and get an even better conversion to ENB. If my cost to buy ENF shares is at a greater discount that the .7 rate I'm making more when they do get converted. As long as that .7 rate is not adjusted. 

https://www.enbridge.com/media-center/news/details?id=123513
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