due to do something formal in the next few days, but given it has performed it's COE blocking task in cahoots with IPM mgmnt, the ol' 'due to deteriorating economic conditions' line may be wheeled out ala BHP.
COE can come back later for a tilt but a lot of water to go under the bridge until then
- short term SP weakness would ensue but the COE lurking would put a base somewhere and knowing they'd have to have a fair dinkum bid next time also - plenty to happen operationally with IPM also
- so many permeatations
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would our white knight walk away
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