RCR 6.90% 2.7¢ rincon resources limited

I came across this old article recently, many may have already...

  1. 105 Posts.
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    I came across this old article recently, many may have already read it.
    https://moneyweek.com/388062/profile-of-david-lenigas
    key sentence:
    "Some love him, but an equal number express distaste". Lenigas doesn't care. "People who don't like me," he shrugs, simply "bought their shares at the wrong price."

    And last sentence:
    "Lenigas bets are good, they're very, very good at least for those who get in and out at the right time".

    What an appalling attitude towards retail investors and not what you want to hear if your a LTH.
    I got out last week at a significant loss and will never buy into this company again regardless of the results, lesson learnt.
    I'm sharing the above so others can proceed with eyes open.
    Dyor
 
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