AWE 0.00% 94.0¢ awe limited

SPP, page-35

  1. 2,267 Posts.
    lightbulb Created with Sketch. 24
    Number of Sh who tendered not disclosed
    My Guess at about 7,000
    At $500 guaranteed each = $3.5M
    Balance of SPP then $6.5M
    Total amt submitted $76.1M LESS $3.5M = $72.6M
    Prorata imho would be 6.5/72.6 =0.08953
    So if you tendered $15k you would get $500 + $14500 x 0.08953 = $500 + $1298 worth
    Total $1798 or 3596 shares
    Rather than the 30,000 you really wanted
    Conclusion we who participated will all get 1000 shares plus not many more
    Of course my assumption of the scale back formula could be wrong
 
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