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E Split Corp ENSRF


Primary Symbol: T.ENS Alternate Symbol(s):  T.ENS.P.A

The objective of the Class A shares is to provide holders with non-cumulative monthly cash distributions and the opportunity for capital appreciation through exposure to the portfolio. And The investment objectives for the preferred shares is to provide holders with fixed cumulative preferential quarterly cash distributions and return the original issue price of 10.00 Dollars to holders upon maturity. The Company has a portfolio comprised primarily of common shares of Enbridge Inc. Enbridge, a North American oil and gas pipeline, gas processing and natural gas distribution company the Enbridge Common Shares or the Portfolio and intends to purchase Enbridge Common Shares from time to time in the market or through participation in future public offerings by Enbridge. The Advisor believes that the Company offers investors an opportunity to gain exposure to Enbridge, one of the worlds largest energy infrastructure companies.


TSX:ENS - Post by User

Post by Obscure1on Apr 18, 2024 2:25pm
60 Views
Post# 35996456

Another Raise could be imminent

Another Raise could be imminentWe almost hit the point yesterdat where Middlefield could have done another Raise.  Yup, it's true.  Don't think Middlefield would hesitate if the math works. I haven't dug deep enough but my best guess is that Middlefield builds in several hundred thousand dollars of advisory fees for every Raise so put yourself in their shoes.   

ENB is up today while ENS is down a smidge which means the potential risk of a Raise is off a bit.  Don't get complacent as it wouldn't surprise me if we see another raise when the calendar rolls over into May.  Be vigilant if you care. 
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