Post by
casperdog on Jun 06, 2018 8:42pm
because they can !
Hey guys good talk, But I think WE truly are being screwed and I dont see a good way out of this. Rember this number 33.15 that is what ENB sold over 17,348 million shares at about a year ago. As the offer now stands that is 3.77 below what ENB sold those shares in ENF for. Good profit no ? Now sumeone correctme if Iam wrong but didnot ENF used to be an income fund at one time? So they know that most investers in this are looking for monthly income I know that I am if I wanted a quarterly div. I would have bought Cnd. banks or possably ENB. SO.... keeping that in mind ENB knows that most share holders in ENF will sell before the takeover or just after, its anyones guess what the price of ENB will be at that time. My thot is that it will be a lot less than it is now. And selling from us will do nothing but drive it lower. I will see what happens in the next few weeks/ months but I dont see ENB increaseing their offer. They Have allready showen intent and it is ugly!!