Mr. Willie Soffe:

We had a lot of in-house experience in asset valuation, AV, and they were seeing prices of assets every day of the week. They were in a good position to judge value. Fifty five of the main assets constituted the bulk of the portfolio, and then one had this tail, as Mr. Ellingham has said. It made sense to bulk because it was likely to have the effect of getting the best price possible.