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AltaGas Ltd (ALA.R-T) opinion on 2017-03-20

Last Price Recorded: 29.1200 on 2017-11-21

ON STOCKCHASE SINCE Mar 2017

Energy
COMMENT

Jim Huang
AltaGas Ltd was $29.950 at time of opinion
Owned : Unknown

If you like Altagas, then clearly you want to own the subscription receipts. It trades at a discount, but you get the same dividend. The receipts are issued for the purpose of finalizing the acquisition of WGL Holdings, a utility company in the US. If it does not get regulatory approval, the money gets returned to you. He doesn’t see anything to lose. It’s a good acquisition for them. If you have a medium to long term time horizon, this should perform well for you.

UNKNOWN

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