They seem to have disappeared-can only assume an adjournment has taken place 'cos the Judge had a dental appointment or similar. Seriously,having been on Jury duty on several cases adjournments seem to be rife (in one case so the Jurors could go for a pee-I kid you not!)
Thanks for that Pokerchips- agree completely about the bribery scenario- reduction in demand= reduction in supply and should be an international scenario but I'm afraid the term "dream on" springs to mind. Whatever the scenario Petrofac shareholders have been severely hammered, with a further 2% downturn this morning and no end to the investigation in sight. I still think the SFO couldn't care less about the damage they are doing and are just intent on protecting their own personal interests. Fanciful?? Not a bit of it-I wouldn't trust any arm of government further than I can throw them.
I must be thick 'cos what I can't fathom is why busybody Brit. Civil Servants are managing to arraign a Monaco based company/its employees for alleged malfeasances committed outside the UK. What the hell has it to do with GB what goes on in other countries or have we suddenly become the self appointed keeper of the World's financial morals, which in itself is rank hypocrisy.
....sinking slowly but surely and now only some 30p above the low we hit after the SFO busybodying was announced in May 2017. Market anticipation of poor results on 25th Feb. or just part of general malaise? By the by response received from SFO- usual load of bland, smug, self-satisfied crap: reading between the lines we don't give a tinkers .... for shareholders. IF this company is damaged irreparably it will be down solely to Civil Service incompetence and pettifogging bureaucracy in which field they have no equal.
The SFO has proved itself incompetent on several occasions-let's hope this another such occasion. At one stage they had 50 staff working on the case so the opportunity for crossed wires/ breakdowns in communication is considerable.
Nah! this share will remain in the excrement until a) substantial new orders obtained and even then no guarantee SP will rise, and b) the paper clip counters get their fingers out and bring their dragged out snooping to a close.
"Where are the priorities?" Answer: the easy targets who quickly cooperate with the paper clip counters to limit financial damage. Chasing cyber criminals is much, much more expensive when set against dwindling resources and in any case those lads and lasses can run rings round your average government IT "expert"
It would seem I was correct in my assumption. C'mon LSE get yourselves educated please and stop trying to act as censor of valid free speech. Have you not heard the term before-if not I suggest you research it.