RE:RE:RE:ENS price is really stickyObscure - fair enough. I share your feelings about ENB.
In my post i was simply responding to your posts about how ENS wasn't tracking ENB and how the price action on ENS is sticky. My opinion as expressed in my previous post is that this shorter term price action is related to the size of the premium.
Also, it is important to keep in mind that the typical shareholders in a split share vehicle are by and large retail and so the SP is prone to irrational behaviour from time to time. I was able to take advantage of this in my roundtrips with LCS.
All that said, I do have a small position in ENS at the current lower premium at an average price of 12.07. In the past I have owned a full position in ENS but sold it at a profit quite a while ago and used the money elsewhere.