Point 2. You are correct Roy2U in that to comply with requirements set out in MIS scheme documentation QIN needs to achieve the highest possible price for investors. But the company also wants the wood. So the way QIN worked out to satisfy both is to submit bids to the auction without access to any of the other potential buyer's pricing, with the outcome of paying a little bit too much better than not getting any heartwood at all.
QIN Price at posting:
$1.04 Sentiment: Buy Disclosure: Held