What's up with Petrobank Energy?
It seems that there is some price adjusting that needs to happen on CAPS but not sure what/how needs to happen. Apparently Petrobank spun off a company called Petrobakken Energy. From what I can tell, shareholders of Petrobank (PBEGF), now own shares of Petrobakken (PBKEF) after the spinoff. My current score shows a -90% hit on the price of Petrobank.
Can anyone summarize what is happening today with the share price and what should be reflected on CAPS?