Interesting to note Woodside's position re: acquisition of crown...

Interesting to note Woodside's position re: acquisition of crown jewel assets from distressed parties:

http://www.smh.com.au/business/ener...ops-40pc-on-lower-prices-20150818-gj1gvr.html

I wonder if MEO's Tassie Shoal realestate is on their radar for Sunrise?
Certainly MEO is moving into the distressed class on its current trajectory. Given our dwindling cash I can't see how managemnt can pick up a quality cash producing asset for the small amount of $ that we now have available. More value in MEO's carried forward tax losses. Waiting to see if Peter Stickland has got what it takes to look after shareholders interests and plot a safe path forward.