Petrobank Energy and Resources Ltd.

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clambo



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Msg  18469 of 18963  at  6/12/2012 11:35:20 AM  by

margin321


Bought some more PBG today

Just have to wait a year to get 10% dividend (when PBN is spun out in 2013) and then will still have my PBG shares.

The arbitrage opportunity adds a little kicker, as does the ongoing buybacks.
It is a pretty compelling buy based on the PBN story, which is still a great story. It is a very cheap entry point for acquiring PBN shares, cheaper this way than buying them directly.


 
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