GREY:EBGUF - Post by User
Post by
marketsenseon May 17, 2018 1:40pm
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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.