AWC 0.00% $1.45 alumina limited

non-renounceable

  1. 475 Posts.
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    Hi Guy's

    Can someone help me please! I have never purchased non-renounceable shares before but feel I would like to purchase AWC's. The thing is I dont quiet understand how it all works so here is my senario, I purchased AWC @ $1.41 a share, if I purchase the 7000 shares that I am entitled too that gives me 17,000 shares @ an average of $1.24 a share. This is great but the 7000 can not be traded. When I come to no longer wanting the shares of course I can sell the 10,000 but what happens to the 7000?

    I hope I have explained my problem properly and somebody can enlighten me.

    Thanks Guy's
 
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Currently unlisted public company.

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