Mr. John Moran:

I think it is grossly unfair. As I have said and I repeat, we do not make the market. We give opinions and developers, owners and investors make their own decisions. We do not take their decisions for them. We do not know what their endgame actually is. Did people get it wrong? Absolutely. There is no doubt that was the case, but we do not turn around and say, "You should do this at X". People have their own teams, they are professionally advised and take their own choices. I have never turned around to somebody in my entire career and said, "You should go and buy that for X." I would say, "We think it is worth X" and it is up to them then to decide what they want to do with it or otherwise.