Ann: Appendix 4E and Annual Report 31 December 2015, page-37

Totally agree. The POO has hit the bottom a couple of times in the last couple of Months. If MAD is not in the process of negotiations with a number of acquisitions then one would think they have missed the boat. I would think that some of the distressed oilers would be doing all the quick talking they possibly can to their banks to keep afloat for just a little longer.
If they have missed out on an acquisition then I think it will be a long long climb back to any reasonable level for the SP, 3 - 6 years. But this is all just a guess. Hopefully MAD will prove me wrong.