Quote:
Originally Posted by Matt
Frank - maybe I'm missing something, but in your scenario, if a new bid is recorded at 10:06, won't that be the same issue raised above? Is that bid after the 10:06 auction close? As I said, I don't think the 5 minutes solves anything other then the theory that it might help the seller get more money, but again, that was disproved by the factual case we had in the BST.
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If a bid from one of the original bidders comes in at 10:06, the auction now closes at 10:11pm. Correct? And so on and so on until 5 minutes passes w/o a bid. Same principal as say H&S except that is a 30 minute clock.