RE:Raise number is $2.05 below thresholdThanks very much for the information Obscure1. All your posts are enlightening to all.
I'm still shocked at ENS price action. Enbridge was up about 40 cents a share this morning and ENS was down a cent. The correlation of ENS to ENB is totally out the window. I still think someone got stuck with a lot of shares at the last Middlefield raise at $10.60 which continues to depress ENS to stupid prices as they continue to unload. As I have said before I have never seen anything like this.
On a positive note as you have pointed out there is no chance of a Middlefield raise.
Although I'm very overweight ENS now...and there is such a temptation to buy more...I'm waiting for Thursday when Enbridge goes ex-div. If the ENS discount is still the same and ENS gets hammered because Enbridge stock goes down a buck or 2 ex div it may be the buying opportunity of the year.