UK 19:27 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Those mug punters who backed the 2p £1.7 million placing by David Lenigas AIM POS Octagonal (OCT) in June as it snapped up GIS, a firm owned by Big Dave’s pal John Gunn, have done better than most folks backing the fat Aussie share ramper. The shares are now 0.85p to sell, so in five months they have only lost 57.5%. Compared to other Lenigas car crashes that is not too bad. Now let’s start a series looking at what they actually bought.
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Comments
Lonster
Have there been any David Lenigas success stories? His name appears everywhere but every venture seems like just hot air and another car crash waiting to happen.
wildrides
LGO was a success for him and share holders in at the half pence era . A ten bagger . It was hardly Lemon Gas’s fault that world oil price collapsed after he left in summer 2014 , although he may have seen it coming !