Enbridge Income Fund Holdings Inc. EBGUF

RE:RE:Because they can two !

[Sadie222]

I don’t see how we come out ahead. My math says we don’t. I’d be happier if they’d based on an averaged price, the twohave dipped and doodled at different rates for the last several months. At the date chosen, ENF was dipped more than ENB. Averaging brings the ratio up, as I demonstrated. I’d be happier with that, and more likely to suck up the div change without moaning too much since I’m not paying bills with it.
I don’t expect to get rich, but the averaged ratio is more representational of comparative share pricing than a cherry-picked single date. The “premium” gets me barely into the green (lesson - don’t catch falling knives) but I’d be less annoyed even without.