Enbridge Income Fund Holdings Inc. EBGUF

RE:RE:RE:RE:Quite The Drop In The Last 20 mins Friday

[Sadie222]

mnztr wrote:

Sadie222 wrote: Not all of the fish on the bottom are worth catching. This one should be. Should.
 

I realize it is now trading as a proxy to ENB as there is pretty tiny chance the buyout ratio will change. Bottom line, ENB needs to reign in the divvy payment so they can pay for all their projects. 

ENB doesn’t pay a huge dividend. Hosing the 80% public holders of ENF for a part of theirs doesn’t go very far, since it’s not coming out of their pocket to start with.