E Split Corp ENSPF

Primary Symbol: T.ENS Alternate Symbol(s): T.ENS.PR.A

The objective of the Class A shares is to provide holders with non-cumulative monthly cash distributions and the opportunity for capital appreciation through exposure to the portfolio. And The investment objectives for the preferred shares is to provide holders with fixed cumulative preferential quarterly cash distributions and return the original issue price of 10.00 Dollars to holders upon maturity. The Company has a portfolio comprised primarily of common shares of Enbridge Inc. Enbridge, a North American oil and gas pipeline, gas processing and natural gas distribution company the Enbridge Common Shares or the Portfolio and intends to purchase Enbridge Common Shares from time to time in the market or through participation in future public offerings by Enbridge. The Advisor believes that the Company offers investors an opportunity to gain exposure to Enbridge, one of the worlds largest energy infrastructure companies.

TSX:ENS - Post by User

E Split Corp > I added this morning

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Comment by ANALOG GUYon Aug 15, 2024 5:22pm

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RE:RE:RE:I added this morning

Yup, history is full of Smart Guys who weren't so smart. This guy comes to mind

"Ackman gave up on Valeant after deciding that holding onto the company’s shares was no longer worth the trouble. Ackman’s Pershing Square hedge fund said on Monday it sold its remaining Valeant shares and that Ackman will not stand for re-election as a director of the company. Pershing Square lost nearly $4 billion on its Valeant Pharmaceuticals investment over a two-year period."

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