RE: SP19 Jan 2021 09:20
It matters little, unless you're here for just the short term... I'll wait for Feb for the sentencing of Lufkin and to see if and what SFO's position towards PFC itself will be.
I'll be honest, this company's profile excites me, regardless of the dubious practices of the former employees, PFC has a tier one status in the middle east with contracts to support. Accolades such as holding 3rd position in the "Oil & Gas Magazine" top 30 contractors in the Middle East is no small feat. We're talking a company that at one point before the SFO investigation started had a market cap of over £6 Billion!!... and now a measly £400 Mil?
God loves a tryer, and the risk v reward here is worth it, and should a small fine against PFC be applied or "No further action" declared against the company by the SFO... then the acceleration of the sp, will leave you with whiplash.