OTCPK:ICPVF - Post by User
Comment by
GetUpAndGoon Jul 20, 2021 5:33pm
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Post# 33579101
RE:I vote no to PPL
RE:I vote no to PPLBecause Pembina has many positives...
1. Simple transaction
2. Immediate 175% dividend increase (BIPC is 15%)
3. Highly liquid security (PPL daily trading volume is 10-20 x BIPC)
4. PPL shares will be heading back to the mid 40's in the near term (another 15%)
5. Quite risky to assume you'll be able to cash-out and sell your new BIPC shares for $96+
Full disclosure - Own both IPL and PPL and fully support the merger.