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Offering a 94% discount on shares.... slipped a R100 in , see what happens.
News link -> http://www.theglobeandmail.com/report-on-business/international-business/african-and-mideast-business/lonmin-stock-discount-signals-trouble-in-south-african-platinum-industry/article27180930/
The platinum industry has been stumbling from crisis to crisis for the past several years. Global platinum prices have dropped by more than 50 per cent since 2011. The industry has been plagued by rising costs and labour unrest in its South African heartland, including a heavily damaging five-month strike in 2014 and the notorious police shooting of 34 protesters at Lonmin’s Marikana mine in 2012.
Crazy, why would anyone ever want to invest in this?
I can understand those throwing in R100 or R10k or R100K at 94% discounted prices, but even they are set to lose everything in the short term.