Who ate the $400,000? Eventually will cost first buyers, then a correction.
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Suggests to me it didn't "sell".Comment
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Every time they come to sell me something I just tell them I need to get paid a lot more for my products if u expect me to me the exorbitant prices u want. Way too much risk for too long to stomach that burden. Be nice but…….Comment
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Most of the time when a dealer consigns multiple units to an auction, I am sure there is a guarantee on the lot so the auction will take the hit. RBA has not paid out much recently as their stock price has risen a lot this year. This will be a stock to watch as the economy tanks in this next year.Comment
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Think you're seeing that from other auction companies as well. Saw a tractor go for 20% over market on a single farm sale this spring. Betting the company made good on their guarantee on the package and bought it to sell elsewhere.
Can't see who's in the rafters anymore.Comment
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