RE: RE COURT CASE22 Jan 2020 08:54
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.