GREY:NMKEF - Post by User
Comment by
mick1888on Jun 27, 2020 7:09am
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Post# 31198314
RE:Debtors ask to extend the Bid Deadline
RE:Debtors ask to extend the Bid Deadline I am wondering if 'thatMinister' has misstepped by announcing the money available from IQ (2-300m). I am wondering if that was exclusive to Pallinghurst until he made this public and others have said 'hold on a minute, this has a massive impact on what we can offer'. To me, this could be a positive as it substantially reduces what bidders thought they had to put in to secure a deal, or even more positive that they could now include retail to the sum that IQ are offering?
Or it could simply mean that bidders want clarity on the 'Victore Cantor' claim prior to their final offer?
GLTA longs
Ciseaux wrote: The Debtors ask to extend the Bid Deadline of the SISP to July 10, 2020.
So that means, as implied by Fitzgebbon, that they are not fully covered with the current bids.