E Split Corp T.ENS

Alternate Symbol(s): ENSPF | 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.

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E Split Corp

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Post by Obscure1on Dec 13, 2024 1:55pm

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Post# 36361436

Somebody always knows in advance

Last week, the volume on ENB put options was over 20,000 contracts which equates to 2 million shares.

I bought a few after 4 down days which was too early as today will make 6 down days in a row.

If I had to guess, I would say that the Put Option purchase was made with the full knowledge that there would be a downward push on the share price of ENB. Collusion is very hard to prove, especially when nobody is looking.

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