RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Renewables IPO Timing - August + $585 million to TWMConcerned?
No, with the institution out of Toronto on the board they are watching management and overall management is focussed on the shareholders. They do have areas they can improve like shareholder communciation or bumping up the dividend but I suspect after the pipeline sale and proceeds from IPO they should be in a position to either do a buyback or div increase or both (which I would like to see). My only worry is they take on more debt with another growth project before fixxing the share price first which was their past mistakes....
Again with Birch Hill owning a large stake and being on the board I suspect their past mistakes will not happen...