And still on Dermot Desmond, can it be said that he called the market wrong when he unloaded two million Baltimore shares two million shares two weeks ago, netting himself a cool £50 million-plus.

Desmond did not disclose the price he got for those shares, but at the time the deal was done Baltimore shares were trading in the £21-23 sterling (€32-€35) range on the London market.

Since that deal, Baltimore shares have continued to go through the roof, driven ahead by buy recommendations from Lehman and Merrill Lynch.

They broke through £30 sterling after this week's results before settling back to trade around £30. That means by selling when he did, Dermot Desmond has missed out on a potential gain of around £14 million sterling. And if the shares reach the £35 sterling target set by Lehman, that potential loss will increase to £24 million sterling.

Even to Dermot Desmond, missing out on the recent surge in the Baltimore share must be a bit galling.

But before tears are shed, remember that Desmond got those shares when the original Baltimore was sold to Zergo - and the shares were worth about £4 then.

That's some profit to make in less than a year. And he still owns 1.3 million Baltimore shares that are now worth £38 million sterling and which have risen in value by £7.8 million sterling since that share deal two weeks ago.