Enbridge Income Fund Holdings Inc. EBGUF

Energy Oil & Gas Midstream

"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

Enbridge Income Fund Holdings Inc. > Enb will likely get to 50.00 now....imho

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Comment by Sadie222on Jul 01, 2018 2:30am

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Post# 28256777

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

Speaking of which
Enbridge issued shares in Nov 2017 (private) for $44,84
ENF issued shares for $27.80 same month.
That ratio is much lower than the offer. Even if the ENF shares had been offered at market, the ratio is still less than the offer. So, who’s been setting the share prices? Something isn’t making sense to my little head. I almost feel better about the offer, having gone thru that exercise. Almost, but not quite.

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