OTCPK:ICPVF - Post by User
Comment by
gasholeon Jun 01, 2021 9:04am
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Post# 33301996
RE:I See Lots of Celebrating But Still Far From $24
RE:I See Lots of Celebrating But Still Far From $24Look at IPL trading action end of day yesterday, someone knew something was up...
DeanEdmonton wrote: Everyone was all bent about Brookfields offer, which was too low, now everyone is rejoicing about an offer that is still 5 bucks below the commonly discussed value for IPL. I too would rather have PPL than Brookfield, but to get value we are still going to have to hold the shares until the Heartland project kicks in. I actually sold down my PPL positon by 70% and help my IPL positon steady, in anticpation of this deal, but I had thought PPL would pay a significantly higher price. It will be interesting to see what the market has to say when trading resumes.