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.
Tonight.If you took up AIV`s offer you have till 4pm to make your mind up ... will AFA pull out all together. The hole thing changes they don`t have to honor what they said to buy all AIV shares so what do you do with the non-renounceable shares then. I haven't heard AIV will take them back well not at .012
AIV Price at posting:
1.4¢ Sentiment: Hold Disclosure: Held
