LCK 6.06% 17.5¢ leigh creek energy limited

Ann: Oversubscribed Rights Issue, page-15

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  1. 2,091 Posts.
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    What are Non-Renounceable Rights

    Non-renounceable rights refer to an offer issued by a corporation to shareholders to purchase more shares of the corporation (usually at a discount). Unlike a renounceable right, a non-renounceable right is not transferable, and therefore cannot be bought or sold.

    I am reading this correctly Legman.

    These shares cannot be sold?
 
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