Bribery scandal is very strong words! more like the company got shaken down for 30% of an asset they already had an interest in. What sort of bribe put you in a position where you own 30% less?
Given I thought PNG wasn't in the price anyway 30% off appears like a good opportunity, although the share price will likely have to spend some time in the sin bin!
Hopefully this is a catalyst to see an exit from PnG or for something to actually happen. IMO this is more damaging for business in PnG than Horizon
PNG Bribery Scandal, page-14
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