HZN 5.13% 18.5¢ horizon oil limited

Bribery scandal is very strong words! more like the company got...

  1. 103 Posts.
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    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
 
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