I was thinking about the SP pull back, last time POO tanked the oilers wound back capex, not something that's happens in the short term but maybe a punter thought it could be the start of a major pullback in the POO so it might be prudent to take profits.
We know MMA is a different dog this cycle. Renewables, mapping, defence, deep sea,etc and as you say a foot in the door at Santos via a proxy.
