I didn't understand this quote from Heritage:
""There's nothing illegal or unethical about us placing a bid prior to the auction starting," Rohan says, adding that Heritage doesn't compete or bid during auctions."
Huh? How do you place a bid prior to the auction starting? Do they mean they place the first bid at some level they are comfortable with, and that works as a hidden reserve as others bid?
I think that needs more explanation, not just disclosure.
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