Kacy, were you of the opinion that Knox wasn't going to...

Kacy, were you of the opinion that Knox wasn't going to contribute funding to reliance rail and now they've got rid of him they opted the opposite approach? I was thinking that the $190m provision means it will go toward RR. If DOW simply won't contribute to it then I am not quite sure what the provision is for. I must have misread the news. So I thought the only thing new with today's announcement was the change of CEO.

If there is a flip from not having any intention to contribute toward RR (under Knox) to now deciding to do so (under Fenn) then perhaps they're trying not to jeopardise other prospective government contracts e.g. NBN?

As for comments about management and the board ... what the heck they've managed to secure 17b's worth of work in hand, and that's a lot more than it's competitor (UGL)'s work in hand as I've read from some earlier post.