''History is going to show that, from a purely economic perspective, for the shareholders at the time, Margaret was 100 per cent right,'' he said. ''With the benefit of hindsight, and hindsight is easy, I think the bid would have been good for shareholders to take back then. Qantas is clearly a company not doing as well as it once was, and it is an important company for Australia.''
While true from that perspective, other factors like fiduciary duty, ethics, moral standards influence change of that perspective to show that Dixon and Jackson were wrong to recommend the sale. The outcome from the sale would have been a devastating strip and sale of what was left, without any recourse for the employees.
Truly tragic, and thankfully did not occur.