RCR rincon resources limited

Ann: Appointment of Administrators, page-108

  1. 20,798 Posts.
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    Hi Nightmarez . I blame Dalgleish.
    Those stories I read about him being so brilliant he could run companies with one hand behind his back and the other sculpting marble busts smack of huge ego and probably a charismatic charm.
    The fact he sold more than $10 million worth of shares last year and a month later got the banks to extend credit by $150 million speaks volumes.

    RCR now is “left owing is $150 million worth of bonds on issue and as of June about $36m of loans to a syndicate of not just banks but also insurance firms...” https://www.theaustralian.com.au/bu...p/news-story/41ecd71571186b255c8b27ac678e9b02


    https://thewest.com.au/news/austral...dgy-directors-who-skip-on-bills-ng-b88896804z
    Last edited by sabine: 25/11/18
 
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