Post by
DeanEdmonton on Dec 14, 2023 9:41am
Happier to See This Purchase Than Buying Gov Bondoggle
Thr Receipt price is a tad on the low side but I get why. Issue is not a big percentage of the existing float, great assets being purchased that they already know well, immediately accretive and they aren't overpaying. No negative impact to the dividends. Quite happy about this, share price will recover quickly.
Comment by
Al42 on Dec 14, 2023 9:59am
Issue was closed at 9:00 am this morning on RBC DI
Comment by
Eastbank on Dec 14, 2023 10:11am
Issue was closed on TD WEBBROKER before 9pm Wed evening! GLTA
Comment by
bttmfischer on Dec 14, 2023 10:50am
As I own both PPL and ENB (both preferreds and common shares) I look upon this purchase as a win-win transaction for both companies. I also see that the board od directors of Pembina is prudent, and not making risky acquisitions.