She saw Valentine's eyes as the sword hurtled toward her; it seemed like eons, though it could only have been a split second. She saw that he could stop the blow if he wanted. Saw that he knew it might well strike her if he didn't. Saw that he was going to do it anyway.
Moreover he saw a skull floating on the surface of the water and he said unto it: Because you drowned others they drowned you; and those that drowned you will eventually be drowned.