A very similar incident to this one that occurred to a Virgin and Qantas 737 in Australia.
Investigation: AO-2013-100 - Weather related operational event involving B737s VH-YIR and VH-VYK at Mildura Airport, Victoria on 18 June 2013
The Virgin crew did something very similar in coming as low as possible to check how far offset from the centreline they were then conducting another approach and flying it to the runway.