well i would not claim to be an expert on rowsthorn. But clearly...

well i would not claim to be an expert on rowsthorn. But clearly the Brambles fiasco was a mistake.

its easy to take the view that rejecting the 4.40 offer was a mistake. But I am now in considerable doubt as to whether that offer was even really there in the first place.

But on the other hand, back around August, there was a lot of people, investors and executives, who thought that things were about as bad as they were going to get, in market terms. A recession around now was already reasonably well-priced into the market around that time. I don't think that was an unreasonable view to have taken at that time, it was my view.

Since then in the past three months, things have obviously gotten worse.

There are now an awful lot of people around seeking to profit from maximum carnage, not production and productivity. Its my view that those sort of people should be resisted.