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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

Post by marketsenseon May 17, 2018 1:40pm
150 Views
Post# 28047182

Consensus

ConsensusSeems to be saying sell and don't bother hanging around for any vote.  I think that is very
premature and a knee jerk response to the initial announcement and bump up in s/p.   I could
be wrong but I think there is more for ENF holders whether the deal goes through or not.  The 
fact that ENB wants to clean up on its corporate structure and needs this vote should provide
some leverage to ENF holders and of course ENB wants to get this over and done with in the 
cheapest way possible.  The comment about large institutional holders is a very valid one.
They may very well split on this which would leave the small holders deciding which way this 
goes.  There is stil lots of time for the market to evaluate and holders to reflect.
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