Hon DAVID PARKER: Well, he says, "Not very successful." That's actually not true. Some of the companies I helped found include A2 milk, which has done not too bad. But in my experience as either a chief executive or a director, it's nonsense to think that a 52 percent shareholder wouldn't make their expectations of the company known. They own 52 percent; they expect to be able to tell the directors as to what their priorities are as a shareholder. That's what a letter of expectations does. That's what any shareholder does, really, in the private sector, even at a shareholding substantially lower than 52 percent. There is nothing wrong with it. It's a pity the last Government didn't pay a bit more attention to their letter of expectations for Solid Energy before they ground that into the ground and caused a billion-dollar loss to taxpayers. What a load of twaddle that a responsible Government wouldn't set out their expectations to a company.