Paul Little Quotations

Should the ACCC decide to take a case against us, we believe that we have a very strong case.

From the work we've done over the last few days, from inside Patrick, we're not hearing anything about anyone taking a rival bid seriously and we're getting on with the business of making the takeover happen.

For us, Asia has been an opportunity to grow our business. We believe we've got a very good model inside Toll to offer customers an integrated supply chain capability. We don't think that has been serviced very well right across Asia.

Has it ever struck you that the vast majority of the will of God for your life has already been revealed in the Bible? That is a crucial thing to grasp.

Our strategy to aggressively grow the company's capability and reach into the Asian region and will position the company to produce sustainable long term superior returns.

Our view is the takeover is compelling and at the right price should proceed.

Our bid for Patrick is now full steam ahead.

Others think it's a choice between doing what we want to do and being happy, and doing what God wants us to do and being miserable.

I was frustrated out of my mind, trying to figure out the will of God. I was doing everything but getting into the presence of God and asking Him to show me.

We have spoken to our top shareholders who are very supportive of our decision and in particular join us with the belief that the ACCC should not be judge and jury in this matter.

We've lost none of our enthusiasm for the Patrick deal but clearly it needs to be restructured. We believe any restructured bid would need to contain more cash.

Toll sees no reason to bid against itself to acquire Patrick. Toll will not overpay for Patrick.

Toll remains committed to the proposed merger of the Toll and Patrick businesses.

The outlook for the group is very positive.

Today's acquisition proposal will deliver immediate value to both Patrick and Toll shareholders, ongoing benefits to all shareholders, create a truly world class transport and logistics company and gives Patrick shareholders a better structured, lower risk exposure to the aviation business.

We have been ambitious to acquire in Asia and also to try and win new businesses up here.

We're not in a hurry to do anything. We're going to pretty much leave it as is for now.

This was a move about getting a unanimous recommendation from the Patrick board. It's a full price.

We welcome their entry as a major operator into the rail line-haul business ... I think it's a good move for them and probably good for the industry.

Some people think that God peers over the balcony of heaven trying to find anybody who is enjoying life. And when He spots a happy person, He yells, ''Now cut that out!'' That concept of God should make us shudder because it's blasphemous!

This is an exciting opportunity that we believe is strategically compelling....

This is a cost that will be borne by Patrick shareholders and not Toll.

It's probably far simpler in many ways to see some sort of financial institution, or that type of outcome to the sale process.

At this stage it's, I believe, a very solvable problem ... and common sense should prevail there.

In logistics, big is beautiful. Scale is very important particularly where you've got infrastructure assets. So for us, it's about having the footprint across as many countries as possible. But it's also about having the scale to reduce processes and have a cost effective operation.

I'm confident now that the choice will be a simple one and will be clearly put. The main purpose sitting behind the acquisition of Patrick was to allow us to offer this cross- border supply chain service to our customers.

If you are saying, is there more chance of a recommendation if the strike price lands inside the valuation range, I would agree with you, there is.

The Holy Spirit can't save saints or seats. If we don't know any non-Christians, how can we introduce them to the Savior?

The combination of Toll and Patrick will create a unique and market leading integrated logistics provider in Australia and the Asian region.