This is a nice stand but I can't get it to collapse. Hoping someone might have an insight on why it won't. I pull the handle, slightly lift, but it just stays put. https://www.makitatools.com/products/details/WST05

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I'm suspecting it has something to do with the red piece under the stand.

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Maybe it's becuse of these two threaded bolts I ended up with after assembly?

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