It looks like a good deal and it highlights the international plans and opportunities that Macquarie Media has.
For Patrick, it's great for shareholders because it should see them garner a higher price.
We would certainly favor any disposal of Virgin Blue. They're still not getting many benefits because the oil price is high and the labor market's still restricting any real leverage of the business model.
A lot of people will view it as being high costs this period, but you'll get the increase in revenue to offset it.
The cost of the expansion is higher than we expected, but diamond prices and demand have been buoyant, which means the project will meet returns targets.