Mr. Brendan McDonagh:

At that point in time we could have decided not to sell any asset and try to hold onto them until the optimal time, but we did not have that luxury. The best defence in securing the price is that it is openly marketed. At that time everybody who wanted to bid for it could bid for it. That was the highest bid at that time. A special purchaser who was prepared to pay what some might have thought was way over its value was something that did not exist two years ago.