Is there an end in sight? Cash burn sickness?
4 replies (most recent on top)
of course they are. staff still getting a £700+ bonus simply for turning up.
HELLO @VFNH2Kn-2edi
CAN YOU POST THE WHOLE TEXT OF ARTICLE FOR THOSE WHO DO NOT HAVE ACCESS TO THIS SITE?
PGS in red (numbers).
https://www.upstreamonline.com/live/1610807/pgs-in-red-sees-project-delays
PGS Q3 presented today (share price dropped about 12% today!!!)
I expect similar (or worse Q3 from CGG a few weeks from now). I also expect more layoffs!!
CGG will announce Q3 2018 results Nov 7th..