OTCPK:ICPVF - Post by User
Comment by
Sadie222on Mar 19, 2020 3:05am
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Post# 30824947
RE:RE:RE:RE: Phone Call with IPL Investor Relations
RE:RE:RE:RE: Phone Call with IPL Investor RelationsWell, a DRIP isn't something you turn on and off like a lightbulb. It's already in place. They don't have to "go" anywhere. Interest rates come and go.
If they want to spend the DRIP money on Hearland or something else, it's coming out of the same pot and makes no difference.
mrbb wrote: with low interest rate borrowing, i can't see why management want to go the equity dilution route.
BullsonParades wrote: If they intend to pay for Heartland via share dilution, that would be the opposite of what they told me today. Instead, they told me they would pay the remaining with the credit line (which is essentially unused at this point) to the tune of $900M and then float a bond. I asked about share dilution and they again pointed to the credit line.