I'm confident that there are talks. The issue, imo, is whether they can reach an agreement or if BHP walks away.
Worth not overlooking this comment from yesterday's article, imo:
"Sources close to the situation said the talks have intensified in recent weeks but significant obstacles remain and the deal could fall apart."
http://www.theaustralian.com.au/business/bhp-targets-woodside-for-46-billion-takeover/story-e6frg8zx-1226036711797
I'm a long term holder, so this doesn't change anything for me. Good luck to everyone with whatever you decide with your holdings.
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- charlie aitken
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