I'm not sure yet. I'll probably have to counter offer as the first bid is usually lower than what they eventually are willing to pay. However, as its with sedo, i have no idea who the bidding party is
The domain used to, in the old days, be from a New York stock exchange listed company Circle Group Internet, and i just noticed that China Entertainment Group now has that ticker symbol CGRP.
I too think this probably is an end user since the price is quite high even for LLLL names. The domain however has a much used letter group "grp" which is commonly used for "group". A lot of **grp.com names are registered.
Anyway, i'm not sure yet what to make the counter offer. I dont want to scare them off
