Peter Coleman:..."Clearly in our view this is a distressed sale...

Peter Coleman:..."Clearly in our view this is a distressed sale so the price that has been received doesn't really reflect the underlying value of the asset, and so ONGC has been opportunistic in the marketplace."

I think that's pretty rich coming from Coleman- calling someone else opportunistic. I understand it's all part of business, but that's simply more irony than my little self can handle right now.

And given his assertions and assessment, I would be quite surprised if Woodside doesn't PE.
After all, it's just being opportunistic.
And yes, I understand that the word opportunistic doesn't always have to have a negative connotation, but when it's coming out of Peter Coleman's mouth...

Y'all be well,
-walk