Ann: Launch of Subsequent Direct Tender Offer by MSG, page-59

If you don't accept the offer, you might find that the ASX listing gets removed, and you own shares in a private company version of Marley Spoon that you wouldn't be able to sell without finding a direct buyer and writing up contracts with a lawyer etc.

You basically have to accept the offer unless you are betting on Marley Spoon becoming such a huge international force that someone desperately wants to buy your shares, but that would be a very long bow to draw....

Think of being left owning something with the same liquidity as a house - it could take months or a significant percentage of your holding in fees and costs to ever get rid of it.

Yes, this offer is horrible because we've already lost 50% or more of our value here - but there isn't a lot of choice in my opinion,