What would be the total number of shares outstanding

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Barnaby's Fatburner Gyms Ltd operates a chain of excercise facilities throughout Victoria and new south wales. The firm is considering offering share dividends to it's shareholders either via share bonus issue or share split. The firm currently has 8 million shares outstanding which have a current market price of $12. if all else remains constant what will be the price of Barnaby's shares after each of the following scenarios: 1. A 20% bonus Share issue, 2. A 32.5% bonus Share issue, 3. A 4 for 1 share split, 4.

Question 1: What would be the total number of shares outstanding after (1),(2) and (3)?

Reference no: EM132519801

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