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Question - The highest stock price for the company of Computershare was $15 per share on the date of November 8th, 2018. The lowest stock price for the company was $5.34 on March 20th, 2020. There were 543,996,500 outstanding shares at the end of 2020. These originally sold at $5.15. The stock price from the beginning of the company has stayed relatively constant, excluding a few days in 2018. The weighted average number of ordinary shares used as the denominator in calculating basic earnings per share was 541,420,844.
For your response post, you will be taking on the role of the manager and respond to your employee's memo. Inform the employee as to what specific managerial decisions, conclusions, and/or judgments can you make from the information provided in that memo. Do not respond to a memo that has already received a managerial response.
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