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10.5¢ rincon resources limited

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manishv

1,240 Posts.

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13/05/24

15:06

Post #: 73799062
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wow. any more articles

Originally posted by rogerst: ↑

Anyone who is thinking about investing int this company should read about him on wikipedia. Excerpt below

He has been accused of frequently "promoting a company, pushing up the (price of its) shares, then raising cash by placing new shares — and (thus) diluting the holdings of the early investors",[15] described as "a familiar tale with most companies he promotes".[16] His defence has been that "You can’t build a business on bottle tops.".[17] Furthermore, he has argued that it's not accurate to claim that "all his ventures have turned sour".[18] Although finance commentators have noted that most of the "hundreds" of companies he has been involved in, and "stock promoted" for, have failed to generate any successful shareholder returns.[19]In 2009 he was one of a group of claimants, claiming that he had been libelled when an investment publication in South Africa had described the group of executives of one of Lenigas' ventures as "cynically and greedily indulged in self-enrichment at the expense of, and contrary to the interests of, shareholders."[20] The High Court of Justice of the United Kingdom rejected Lenigas', and the other claimants' libel claim, and found in favour of the publisher.[21]

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RCR Price at posting: 9.9¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 10.5¢		Change -0.015(12.5%)		Mkt cap ! $30.27M

Open	High	Low	Value	Volume
12.0¢	12.0¢	10.5¢	$1.015M	9.093M

Buyers (Bids)

No.	Vol.	Price($)
9	1034522	10.5¢

Sellers (Offers)

Price($)	Vol.	No.
11.0¢	179342	6

View Market Depth

No.	Vol.	Price($)
9	1034522	0.105
21	1237870	0.100
2	184606	0.098
1	341	0.097
1	104166	0.096

Price($)	Vol.	No.
0.110	179342	6
0.115	454788	11
0.120	605820	7
0.125	254674	6
0.130	332948	12

Last trade - 16.10pm 25/06/2024 (20 minute delay)

RCR (ASX) Chart