I am not sure I was in a broker bid but got cut-off as I wasn't prepared to bid for upwards of a $250K. They suggested the public bid but I am not sure how many times oversubscribed it will be.
I have decided to stay out of it ( but now will apply) - I am sure you will make money but really dont want to apply for $50K and get $5K because even a 20% profit is a $1K but they hold the balance of your funds normally for around 14 days. having said that I will probably apply for $50K because you could make a grand for little work.
Regards
Joe
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