Toll can pay more, Richard Branson can pay more and the Virgin Blue in specie distribution can be monetised.

Originally Toll wanted to buy that through Pacific National,

Unfortunately, Toll did not apply the same standards

Well, Richard always is a colourful sort of sideshow, isn't he.

If you look at Toll as a business, it's a primarily a road-based, freight forwarding business,

Now he's being given the opportunity to buy back effective control (of Virgin) at 1.40 aud (a share), so it is an extraordinarily wonderful situation for him. I hope he hasn't danced on my grave prematurely.