I think people are pretty happy with the BHP result but the share price has not done much. These days you don't get rewarded for a good result just hammered for a bad one.

It's a great opportunity for us. We're going with someone who has experience, and if you look at most people who succeed they've got a history in this event.

The half a percentage point rise was well and truly factored into our market.

Some of these deals were done at the top of the market. Some of them are probably still in the due diligence stage and might be renegotiated or not happen at all.

There is talk of some downgrades in earnings after people had a closer look at yesterday's profit report.

A lot of people are waiting on some big economic numbers due out of the U.S. tonight because of the implications for interest rates.