Non-Renounceable Rights Issues

  1. 793 Posts.
    lightbulb Created with Sketch. 20
    May I ask is a non-renounceable rights issue like giving the company some money to prop it up. Even though it tells you how many shares you are entitled to, you actually don't get any shares, you just pay for a quantity you are allowed to contribute.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.