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MAGS1

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95CobraR

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Inthehighdesert

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Your not understanding the fee structure correctly. It’s 5% of the sale price paid by the buyer to 100k. Above 100k it’s a flat 5k. The SEC is not part of private transactions for privately owned companies. I’ll leave the rest alone. The information is out there if you want to look.

Someone said 5% commission. $127K X 5% is $6400.

Yea, BAT was sold in a private sale to a private major auction company as the original the developer/ owner did well.

I am not sure how you get your $1B sales number? Did you make it up, or do you have inside information on a private company? This may be inside info that the SEC needs to know about?

How did you get that $1B number? The biggest Monterey Auction total was $467M among 7 different big auction sellers.
 

Inthehighdesert

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svttim

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Nice car for sure. What would have been the MSRP on the car with those wheels? Almost $90K?

I say fair buy and sell price for both parties. BAT got almost $12K of the $127K?
75K MSRP ish
 

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95CobraR

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Your not understanding the fee structure correctly. It’s 5% of the sale price paid by the buyer to 100k.
You said BAT was doing 1B in sales. You went on to explain other public information.

How do you know that a entity of a private company did $1B in sales while Monterrey did less than half that? Is there a big stock spin-off or other deal happening? did you get shares early with call options in order to profit from the deal?

Just asking.
 

Inthehighdesert

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I never said any of that. Pointed you to the link another poster posted. It seems your not following along very well.

You said BAT was doing 1B in sales. You went on to explain other public information.

How do you know that a entity of a private company did $1B in sales while Monterrey did less than half that? Is there a big stock spin-off or other deal happening? did you get shares early with call options in order to profit from the deal?

Just asking.
 

RagmopInKona

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Me, thinks the Article is click bait b/s.
1 billion in sales in 2022 on BAT. RIGHT <ROLLS EYES>
 

95CobraR

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BTW, BaT eclipsed $1 Billion in sales earlier this year for 2022 therefore have a very successful business model.
It was PP0001. My apologies to you.
 

PP0001

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Someone said 5% commission. $127K X 5% is $6400.

Yea, BAT was sold in a private sale to a private major auction company as the original the developer/ owner did well.

I am not sure how you get your $1B sales number? Did you make it up, or do you have inside information on a private company? This may be inside info that the SEC needs to know about?

How did you get that $1B number? The biggest Monterey Auction total was $467M among 7 different big auction sellers.
Instead of saying "Someone said ..." why don't you research some of this information on your own after which time you might be more enlightened and learn something new.

Yes, I'm and insider and I pulled these numbers out of the thin air and just made them up!!

Have you not ever heard of "Bloomberg.com"?

Carry on in your own little world.
 

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PP0001

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Me, thinks the Article is click bait b/s.
1 billion in sales in 2022 on BAT. RIGHT <ROLLS EYES>
Another well informed enthusiast who suggests that Bloomberg has no idea what they are reporting.
 

RagmopInKona

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Another well informed enthusiast who suggests that Bloomberg has no idea what they are reporting.
The BAT site list past Auctions. Me thinks either bloomberg listed total sales since they started, or Bat and parent auction house total combined.
The past Auction list on the bat site, tends to debunk the Article.
But what do I know.
The YTD sales/auctions are only a click away on the site itself.
 

Inthehighdesert

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Do your own research. Your lack of knowledge is on full display. This is from 2021. The one earlier was current sales for 2022. And BAT sold in 2010. But by all means, carry on.

https://www.bloomberg.com/news/arti...lion-in-cars-in-2021-walloping-auction-houses

https://www.motor1.com/news/559909/bat-sales-report-2021/

https://www.autoweek.com/news/industry-news/a32712976/hearst-autos-acquires-bring-a-trailer/


The BAT site list past Auctions. Me thinks either bloomberg listed total sales since they started, or Bat and parent auction house total combined.
The past Auction list on the bat site, tends to debunk the Article.
But what do I know.
 
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MAGS1

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Google is an exciting new way to search for things. I wonder if it will be a mainstay or just a fad?

Sorry, couldn’t resist. šŸ˜‚
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