The combination of the good people that surround him, with the experience that James Packer's had, means they will have the capacity to execute those plans.
The fact they've turned a low margin operation into a good margin operation demonstrates to me that there is expertise there and gives me some confidence in their New Zealand purchase.
They probably surprised a little bit on the profitability of the Nine Network, which was a good surprise. Their revenue on TV was down and EBITDA was down 13.1 percent but I think a lot of people thought it would be down more than that.