Fabian Sanelli

And then they think that they're at the very end where they're going to win it.

And suddenly this new bidder appears.

So it is a very frustrating tactic for the underbidders, but it actually works quite well.

And I think the whole purpose of that is that the more you frustrate your competition, you force them to walk away from the bidding.

And I think that's what those bidders in that instance try and do.