MEP minotaur exploration ltd

Non Renounceable Emtitlement Offer?

  1. 2 Posts.
    Could someone explain the Non Renouncable Entitlement Offer from Minotaur to me please?

    If I don't take up the offer, will the shares I own still be worth the current price?

    In the letter it states "Eligible shareholders who choose not to take up their entitlement will receive no value in respect of their entitlement and their shareholding will become diluted". What does this mean?
 
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Currently unlisted public company.

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