Ann: SNC Shareholder Presentation, page-3

Yes agree - the those that are underperforming are the ones we need to hear about - what is the strategy moving forward. I have noticed this morning that SNC have made some comment about Midway through one of the broker reports. I am pleased to see that a few of the catalysts for MWY have been fleshed out - undervalued lad owned at Geelong port, 200m commitment from an overseas insurer to manage carbon credit purchases and the new direction of asset management of forestry assets and carbon offsets. I feel a little more comfortable about them but I am troubled by the usual thrashing the SP gets when there is a return of capital which is anticipated from MWY at the moment.