Dargie, as you know GPG do plenty of research before purchasing. Whilst many believe that Coats was too large a purchase, one would have to say that with peak oil and a tendency to move towards self sufficiency that such female arts as cooking, sewing and knitting will be back in vogue withina couple of years, particularly when inflation hits. Coats significant monopoly of the craft markets might well prove to be a masterstroke. GPG has also invested in the NSW construction industry through its purchase of the Gosford Quarries group, again a long term plan. Given the nature of their mid to long term view investment in infrstructure assets like power BBP and Ports BBI makes sense to me. I think they demonstrate an opportunity for BBP, then will that mean they are taking a position/evaluating BBI, we shall see.
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