QLD
Spanish Mackerel
Auction #58D58E
For
lease
3,000kg QLD Spanish Mackerel 2023/2024 quota lease
Item
QLD Spanish Mackerel
Quantity
3,000kg
Ends
3:00pm, 11 Jun 23 (Sydney Time)
3,000kg QLD Spanish Mackerel 2023/2024 quota lease
Auction completed at 3:00pm, 11 Jun 23
Final Price
$4.00/kg
4.00
Not complete
Bids
0 Bids
No bids at the moment
About this listing
IMPORTANT INFORMATION- PLEASE READ PRIOR TO BIDDING!
This is an auction for the forward lease of 3,000 KILOGRAMS of SM quota starting July 1, 2023.
The vendor anticipates a 73% reduction of the current 1/1 conversion ratio and a TAC of 165MT.
The vendor has enough units to to convert to 1,500kg of effort given the above assumptions.
Winning bidder will be required to to pay the entire auction amount within 5 business days of auction close.
All monies will be held in Beachprice escrow until July 1, 2023; when quota will be electronically transferred via Fishnet Secure.
Only once the quota transfer is confirmed, will monies be released to the vendor.
If, for any reason, the anticipated changes do not eventuate, the vendor agrees to void the auction contract, refund all monies to the buyer, and offer them first right of refusal on the parcel lease, based on the new information that is available.
If you have any questions about this auction, please call Jay Clark on 0400 417 467
Note: please ignore any auto generated references to divers or diving that may appear in this auction description
This is an auction for the forward lease of 3,000 KILOGRAMS of SM quota starting July 1, 2023.
The vendor anticipates a 73% reduction of the current 1/1 conversion ratio and a TAC of 165MT.
The vendor has enough units to to convert to 1,500kg of effort given the above assumptions.
Winning bidder will be required to to pay the entire auction amount within 5 business days of auction close.
All monies will be held in Beachprice escrow until July 1, 2023; when quota will be electronically transferred via Fishnet Secure.
Only once the quota transfer is confirmed, will monies be released to the vendor.
If, for any reason, the anticipated changes do not eventuate, the vendor agrees to void the auction contract, refund all monies to the buyer, and offer them first right of refusal on the parcel lease, based on the new information that is available.
If you have any questions about this auction, please call Jay Clark on 0400 417 467
Note: please ignore any auto generated references to divers or diving that may appear in this auction description
-
State
Queensland -
Fishery
QLD Spanish Mackerel -
Type
Unencumbered -
Settle by
BeachPrice Escrow -
Protection
100% seller & buyer guarantee
Auction terms
GST
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Auction completed at 3:00pm, 11 Jun 23
Final Price
$4.00/kg
Not complete
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Auction completed at 3:00pm, 11 Jun 23
Exclusive Final Offer
Top bid $1,000.00/unit
Seller’s reserve pirce
$25,000.00/unit
Your winning bid did not meet the reserve price.
As the highest bidder, you now have the exclusive option of either accepting the sellers reserve instantly, or submitting a one-time Final Offer for the seller to consider.
As the highest bidder, you now have the exclusive option of either accepting the sellers reserve instantly, or submitting a one-time Final Offer for the seller to consider.
You can also choose to do nothing. The exclusive final offer period will expire the expire and the auction will be passed in.
Submit a best-and-final bid
The seller will review your bid and can choose to either accept or reject it. This is a best and final bid. Once this bid is placed, no further negotiations are possible.
Your last bid
$23.50/kg
Seller's reserve price
$27.50/kg
All Bids
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