July 6 (Reuters) - AWE Ltd AWE.AX
* AWE response to further Dawney notice-awe.ax
* "ASIC has advised AWE it continues to have concerns in relation to further proposal"
* AWE believes that shareholders should ignore further proposal set out in 'offer document' from dawney
* "Dawney has now withdrawn previous proposal"
* Refers to its announcement on receipt of a further proposal from Dawney & Co
* AWE notes that the further proposal from Dawney is not an 'offer' to acquire shares in AWE
* Dawney proposes that AWE shareholders grant Dawney call option, pursuant to which holder of option can acquire their shares for a$0.56 per share Source text for Eikon: Further company coverage: AWE.AX