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[17-11-2009|20:00] weaving mill 14000sq.m 1pcs

Posted: Thu Nov 12, 2009 3:20 pm
by Windy
For sale:

1 x weaving mill 14000sq.m.

start price: 200mil
bid increase: 1mil
Buy it now: 500mil

Posted: Thu Nov 12, 2009 6:45 pm
by racingtigger
200,000,000

Posted: Fri Nov 13, 2009 10:05 am
by symphony
I bid 210 million

Posted: Tue Nov 17, 2009 12:13 am
by CKOBOPODA
i will buy it for 500mil. please send contract to Xapkib

Posted: Tue Nov 17, 2009 1:36 am
by racingtigger
510,000,000

Posted: Tue Nov 17, 2009 7:01 am
by Tlite
1billion

Posted: Tue Nov 17, 2009 8:31 am
by symphony
1.1 billion

Posted: Tue Nov 17, 2009 3:57 pm
by Sephram
1.2 billion

Posted: Tue Nov 17, 2009 5:13 pm
by racingtigger
1,205,000,000

Posted: Tue Nov 17, 2009 8:09 pm
by CKOBOPODA
1,500,000,000

Posted: Tue Nov 17, 2009 8:16 pm
by racingtigger
Auction is actually over. The winning bid is 1,205,000,000 and I'm just waiting for the contract to be delivered for signature.

Posted: Tue Nov 17, 2009 8:26 pm
by u19is2
I thought that when the BIN bit has been offered that the auction would stop and the contract would be shipped off?

Posted: Tue Nov 17, 2009 8:37 pm
by Ludenhoff
u19is2 wrote:I thought that when the BIN bit has been offered that the auction would stop and the contract would be shipped off?
That was how I thought it to work as well.....

Thats why its there and that is why it's called 'Buy it Now"....

Posted: Tue Nov 17, 2009 9:02 pm
by racingtigger
They keep changing the rules around here, which I guess is why I generally avoid these bloody auctions.

It used to be that BIN was only valid if there hadn't been any bids yet. Now, the rules seem to say that as long as the bids don't exceed 85% of the BIN price, then the BIN is still available.

Guess that means the seller only gets 500M.

Posted: Tue Nov 17, 2009 9:08 pm
by Ludenhoff
Yeah.

They should make a bit more straight forward to avoid any future confusion.

Thanks for the clarification on the BIN rules!