Mr. Alan Merriman:

-----it was pretty much a one-off. I mean, they came ... he came, he met with Ted, he sent a formal letter outlining what they were prepared to do. It was definitely discussed amongst the management team initially. It was discussed directly with the chairman of the time and as I said, I made clear to the management team and the chief executive and the chairman, that I personally - and it was a very unpopular position to take - that I really felt that EBS should be seriously engaging on this and looking to sell, for the reasons that I've explained.