Mr. Brendan McDonagh:

Absolutely. If I might give a practical example, an off-market offer for two houses in a good suburb in Dublin was recently made to us. We were offered €1.8 million to sell them off-market. We said we would not sell them off-market, we put them on to the market, and we only realised €1.5 million when we put them onto the market. If we had accepted the off-market offer, we would have got €1.8 million. We said we could not because we live in a new world and we had to put them on to the market, and we got an offer of €300,000 less in the final outcome. That is why I said in my statement that putting properties on the market is not always the best outcome, but in the world we live in today, everything goes onto the market and has a valuation. It is completely different from 2011.