RE: CUDA25 Jan 2022 23:16
Lets hope there’s only one bidder, in which case Arthur should get the confirmation by the following day. I’m not sure whether It was sealed bids, but If more than likely not, the biding parties would go on to second and even third rounds till a price is reached that would be excepted by all parties. That would be done within a few days.
The. Ball is in Arthur‘s Court, it would explain why cuda turn down authors offer as perhaps it was too low but he knew It had the possibility to be a one horse race, and even if it wasn’t he still Had control.
This would be the normal procedure for the disposal of such a large asset, The final decision will be the receivers and my take on it will be Arthur and the receiver in an office battling it out but, who knows The receiver will have on his mind that this well can we turned up or down and I would imagine Arthur would be very belligerent I will not hold his punches