Updated - I have re-read the prospectus - the Travelwelcome stake cost $60,000 - see why that is very embarrassing for David Lenigas indeed. To great fanfare the car crash IPO that is Lenigas Cuba (CUBA) announced back in September that it was getting into travel. But as ever with the great Aussie share ramper David Lenigas this deal is not quite it might appear.
The IPO prospectus states:
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