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 > Heads up

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Comment by cttglvron Nov 11, 2024 7:07pm

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Post# 36307430

RE:Heads up

Obscure!. Thank you!! You are the first one to give any merit to what I have been saying for a few months now...that Middlefield is using their ATM since they can't do overnight offerings with this kind of discount. I too will be looking for the second half 2024 financials to see if there is any substantial rise in the share count.

As I said before I'm going to start lightening my position to equal weight for now. ENS should have been up double the .15C is was up. The discount continues to widen so I sold a thousand shares to start. Maybe if I sell the price will then skyrocket lol.

Thanks for your expert opinion on ENS.

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