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Sedo Marketplace auction no bids

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redbird

redbird

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There is currently a co.uk domain in the Sedo market place auction with no bids? Am I missing something as my understanding was that you needed an offer which is treated as the the reserve price?

Does this mean someone offered £0 and owner decided to auction it and if there are no more bids then the buyer gets it for £0?

What am I missing?
 
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