Enbridge Income Fund Holdings Inc. EBGUF

RE:RE:RE:RE:RE:RE:RE:RE:RE:Enb will likely get to 50.00 now....imho

[Sadie222]

And that’s what I hadn’t considered - issuing shares to finance a purchase.  IIRC the last time I grabbed the falling knife there was a share issue the next day for $2 less than what I paid. Colour me pi$$ed. Selling the shares at market would have netted them more but they chose not to.
Could The fund expand without share issues? That’s something the committee has to look at. Even with a slight drop in div to build up a pot, it might be preferable to the existing offer. 
ENF had premium value for the reasons you mentioned, and is why I chose it instead of ENB. I’d stay in ENF given the choice and there was a clear path for growth, with or without drop-downs. It’s a holding company, so it should be able to hold shares in the fund as well as shares in other things (Brookfield, beware!). The public owns 80% of the shares here, not Enbridge.