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What are the EPS for the year ended December

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Reference no: EM132733140

Question - In the year ended 31 December 2019, there were 9,900,000 ordinary shares in issue and the earnings per share was calculated as $0.335 per share.

In the year ended 31 December 2020, the earnings available for ordinary shareholders amounted to $5,000,000.

The company made a one for five rights issue on 30 June 2020 at a price of $1.00 and the cum rights price on the last day before the rights was $2.50.

What are the EPS for the year ended 31 December 2020 and the restated EPS for the year ended 31 December 2019?

Reference no: EM132733140

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