Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Petrobank spinning out 100% of PMG

|Includes:BP, LSTMF, Petrobank Energy And Resources Ltd. (PBEGF), PMGLF

Encouraging both for how it forces the market to value the parent assets and for what it might suggest about the HBU which seemingly no longer needs this dividend cash flow.

http://www.gurufocus.com/news.php?id=111456

Disclosure: Long PBG and PBN
Stocks: PBEGF, PMGLF, LSTMF, BP