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clock Created with Sketch. 09/08/21
10:45
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Originally posted by Teddyward:
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The usual was to get another bidder to make sure you competitors don't get assetts too cheap and get them online or increast development speed too fast. Have to push yout competitors price up and delay the process. You don't have to want it to put in a non binding offer but it changes the landscape.
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I think it is unlikely any alternative bidder will emerge until the Scheme/bid document comes out. It will include lots of information relevant to valuation. Anyone interested will wait to see this before showing their hand.
