Yes, they have got it wrong, it was not done on an even playing field.
It is a simple as that.
Getting back to the theme of this thread. The whole debate over the upcoming EBA and seniority can be summed up by the robot from "Lost In Space" , sorry, can't remember name, but sounds a lot like GD !
YOU DO NOT MEET COST OF CAP ITAL..... YOU MUST BE DES TROYED....