OTCPK:ICPVF - Post by User
Comment by
Albatrosson Jun 11, 2021 2:18pm
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Post# 33373324
RE:RE:PPL and IPL to synchronize today?
RE:RE:PPL and IPL to synchronize today?If you sold IPL at $20.40 and bought PPL at $38.00 you would be around 0.536 and would of benefited another 5% on the current PPL upswing.
PPL was at $53 pre-pandemic. IPL was below $22.. Not saying it's apples to apples. IPL was simply seen as 'riskier' by the market and ultimately it did prove to be riskier as it needed to cut the dividend to self fund heartland, meanwhile PPL just axed it's project, still took a hit, but maintained it's dividend.
Your right, on a stand alone basis, IPL has much more upside. I only wish that was an option on the table and I'm not sure why management didn't push for that option instead... That was the key thing that made me sell. If only management presented that as an option, but maybe they felt like BIP was going to win it.. I just don't know.