OTCPK:ICPVF - Post by User
Comment by
lashingon Jul 23, 2021 11:08am
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Post# 33595933
RE:Are Institutional Investors calling the shots?
RE:Are Institutional Investors calling the shots? NOt just institutions, but people like me with 5000 shares. I vote no to Pembina's lowball offer as I didnt invest and hold thru tough times, losing the income as well only to be shafted as recovery comes. IPL management can blow me.They're not getting this deal.
Quintessential1 wrote: Are institutional investors combined with Brookfield's no votes going to be able to muster the 34% required to nix the Pembina deal?
Can they tender enough shares to put Brookfield over the 55% hump?
Given that Brookfield cannot count its own shares, that is a much larger number to overcome.
It will be intersesting to see how the market reacts to a voted down Pembina deal next Friday.
Noboday knows what is going to happen. Nobody.
It is all still speculation and management is oh so quiet.