A missed opportunity..........perhaps

TSV today announced to the market it has lodged a non binding agreement for Origin's assets in the Perth Basin.
Mergers and acquisitions seem to be the signs of things to come. First it was Santos disposing of some of its assets offshore in the Carnarvon Basin, then Origin selling off its Perth Basin assets with TSV first off the mark in announcing its interest. Of course EGO disposed of its Carnarvon Basin assets some time ago and a couple of permits in the South Perth basin but now I wonder now where EGO is situated in the emerging in the serious Perth Basin scenario.
Merger, Acquisition or Sale.

The company is in dire straits IMHO, a large debt of $15m to ERM due on 31August, a well looking less likely by the day to be a success given it is some 3 weeks since the disaster there occurred and no information as to remediation, its effectiveness and or cost.

As a shareholder it is a real concern to me as to where our leaders are leading this company.