RE:RE:RE:RE:Brookfield's offer outpacing PPL'sYes, BIPC is $21.83 and 10% higher (I punched in a wrong digit there somewhere, thanks for the correction).
I can get over 8% annual yield paid monthly as soon as the market opens.
I believe Brookfield is just waiting to see what the results of the hearings are before amending their offer again. Pembina is going to have to up their offer if they truly want this.
One of the other posters mentioned an independant valuation of IPL. I would be all for that. The market hasn't really had a unencumbererd say in IPL's value since the hostile takeover bid. Maybe one of those rags like, MoneySense or Simply Wall Street will step up.
roberto146 wrote: "In the mean time BIPC's $22.83 is more than PPL's $19.83 by 15% and is immediate"
BIPC is at 21.83, not 22.83. It was 20.25 a couple of days ago. For 31% of the shares.
The rest is at 19.50. And more than 6.7% is hard, if not impossible, to find.
Even Brookfield the buyer pays 2.5%. ENB is about 6.7.
If you like ENB better, buy it. The list gets very short very fast after that, and yield is a function of risk.