GREY:EBGUF - Post by User
Comment by
TickerTwiton Aug 10, 2018 3:19pm
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Post# 28442348
RE:RE:RE:RE:RE:RE:RE:RE:RE:Growth without dropdowns?
RE:RE:RE:RE:RE:RE:RE:RE:RE:Growth without dropdowns?What I've often seen in mining companies with a few institutions dominating the common shares is that (on entry) they establish a right to buy enough of each share offering that their % of voting control isn't diluted. I don't see why ENB and ENF
couldn't work something out if ENF votes to become a standalone. I suppose it comes down to ENB's assessment of how efficient the cost of capital is.
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autofocus111 wrote: ... say ENF was to propose buying a $1B stake in the now Canada-owned TransMountain Pipeline project, and issues shares and maybe debt to raise the neccesary funds. I don't see why ENB would object to that. My point here being that there should still be the possibility of growth for ENF without ENB dropdowns. Or am I missing something?