Q: I am confused and frustrated about the stock price movement as between BIPC and BIP.UN. Today BIPC is down approximately 1.67% while BIP.UN is up 0.60%.
BIPC recently hit a high of $100 and is now down approximately 23% from such high. Meanwhile BIP.UN is almost at its 52-week high.
I want to buy BIPC because I want to avoid the hassels preparing by tax return that BIP.UN and limited partnership brings along with it (mainly the delay of receiving the tax form from Brookfield).
My question: How do I know I am buying BIPC today at a market equivalent price to BIP.UN ? I want to avoid buying BIPC just to have it further correct while BIP.UN remains the same or increases.
The "efficiency" of the stock market is clearly lacking here and also with all the Brookfield limited partnerships vs. corporation stock variations.
Thanks,
Thomas
BIPC recently hit a high of $100 and is now down approximately 23% from such high. Meanwhile BIP.UN is almost at its 52-week high.
I want to buy BIPC because I want to avoid the hassels preparing by tax return that BIP.UN and limited partnership brings along with it (mainly the delay of receiving the tax form from Brookfield).
My question: How do I know I am buying BIPC today at a market equivalent price to BIP.UN ? I want to avoid buying BIPC just to have it further correct while BIP.UN remains the same or increases.
The "efficiency" of the stock market is clearly lacking here and also with all the Brookfield limited partnerships vs. corporation stock variations.
Thanks,
Thomas