Mr. Kieran Grace:

I made that comment in the context of a marketplace where there are willing buyers and sellers.

It was in the context of buyers being willing to pay above that that I said I was not going to say whether it was good, bad or indifferent. If a person wants to go to a concert or event and is willing to pay that, it is not for me to decide whether that is right or wrong. My comment was taken out of context. It was a case of looking at it in the context of a market situation where I mentioned detriment. Normally, one deals with asymmetry of power and information. In this case, there are willing buyers buying from sellers so it was in that context that I was not going to comment on whether paying above or below the price was good, bad or indifferent. That is not the point. It was in the context of a reply to Deputy Rock who said it was an atypical market.