Ms Karen Trant:

They will say that the prices are at a particular rate, it is not commercially sustainable for them, and they are going to leave. We looked at that and commissioned an investigation into it. The hedging strategies of particular companies were prudent and they had hedged fortuitously ahead. It had protected them. There was nothing within the investigation that would indicate there were artificially high prices or artificially low prices. We were satisfied with the outcome of that investigation.