PLS 2.55% $3.02 pilbara minerals limited

Ann: Results of BMX Auction, page-61

  1. 574 Posts.
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    I doubt there is collusion. Dale and the sales team can see who is bidding and if it looks a bit “ off” then they have the right to not sell to anyone and reschedule the auction or accept another offer - I don’t believe it’s a no reserve auction. Shortly there will be other non Chinese buyers so the current buyers know they have to play our game not theirs.
 
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