The call investors have to make is whether Babcock & Brown's strong management team and global reach will allow them to continue to create value. So far, their track record is pretty convincing.

Earnings may surprise on the upside because of stronger than anticipated credit growth. There's been a very significant and sustained pick-up in business lending to fund capital investment.

Babcock & Brown have consistently identified opportunities within their markets and been able to capitalize on them. Macquarie and Babcock have similarities. There're hardly any businesses in other parts of the world that are like them and are publicly traded.

There has been a lot of buying in the stock and there's probably a bit of profit taking on the back of result.

The topics for discussion will include product risks, efficacy, a possible return to the marketplace and the proposed risk management plan. These are as we would have expected.

From a management standpoint and a cost-reduction standpoint ... you can now with a single console, with reduced costs, manage all these point products with just one resource and one just one technology.