enbo options, page-2

Because as a result ENB will have a cash injection in 3 years time if the share price is larger then the exercise price.

They will also have a immediate cash injection if people take up the new issue.

Regardless there is going to be dilution anyway eventually.

No real point not voting for it. In fact you'll have a opportunity to get more exposure to this stock via the oppies after they list and enjoy the leverage if the heads move up.