GREY:EBGUF - Post by User
Comment by
Retire2024on May 18, 2018 10:29am
![](https://assets.stockhouse.com/kentico-cms/0342-00/images/Sprite.svg#id_Post_Views_Icon)
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