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Enbridge Income Fund Holdings Inc. EBGUF

Energy Oil & Gas Midstream
"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

Enbridge Income Fund Holdings Inc. > why?
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Comment by Johnnysbackon Mar 28, 2017 6:19pm
142 Views
Post# 26043269

RE:RE:RE:RE:RE:RE:why?

RE:RE:RE:RE:RE:RE:why?
bobobot wrote: Johnny, I don't see any new shares being issued here. Enbridge is selling some of their holdings in ENF, ENF isn't issuing new shares. So this shouldn't impact ENF at all. Or am I missing something here?

Ok I get it now..... whats happening here is ENB - the parent company is issuing shares..... likely out of their treasury of ENF shares......... and ENB gets the money not ENF. Dilutive to ENF shareholders, ENB using ENF like its own personal piggy bank I suppose.. 

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