I believe the offer is "for every 10 AWC shares you currently hold, you can subscribe for 7 shares @ $1.00)"
So I think thats where you are confused?
You state you purchased 7,000, so by that you can get 4,900 @ $1.00 (I just did the sums in my head, so the figure may be wrong).
Note: Record date Tues 5th May, so you had to be a holder (meanign trades had to be SETTLED, ON OR BEFORE THAT DATE..IN ORDER TO BE ELIGIBLE).
Also, you will get in the mail, an ACCEPTANCE form. On that, it will show * Your currect holding (as of record date) and * Also show your entitlement offer
Hope this is of assistance
Regards
AWC Price at posting:
$1.37 Sentiment: None Disclosure: Held