Post by
stocktalk on Jun 06, 2018 11:05am
Best Action to take
A vote of no will force ENB to give us a higher share swap ratio.
Comment by
Sadie222 on Jun 06, 2018 1:25pm
Ummm, no. They can take the offer off the table and walk away. Presumably that will mean no more dropdowns and ENF will have to explore other options for maintenance and growth. That’s up to the BoD and committee to explore.
Comment by
tbnorthstar on Jun 06, 2018 2:07pm
Never take the first offer.
Comment by
stocktalk on Jun 06, 2018 2:09pm
We should consider plan B such as a merger with ppl or ipl or ? Or stay we stand alone as a independant company. The enb offer is not attractive enough !
Comment by
Sadie222 on Jun 06, 2018 6:50pm
A merger with GEI would be quite doable IMHO, and possibly play into their plans. Their new CEO has been stripping out the diversification to concentrate on midstream assets, and they are neighbours in Hardisty already, with lots of room for expansion.