Fair value of consideration:f7 chapter 8 question

Hi Mike in f7 chapter 8 question, it said when Scored Plc aquired 75% of the $1,200,000 50 cents shares of Raised ………..

I realized in the correct answer,

0.75 *$1,200,000* 7*5(share for share)*2.30(parent MV for share)

My question is, why the $ 1,200,000 was not divided by 0.50 to get the no. of shares?

Number shares 1,200,000/0.50=2,400,000 shares
Acquired: 0.75*2,400,000=1,800,000- total shares aquired
share for share:5/7*1,800,000=1,285,714.286
market value(parent)=2.30*1,285,714=2,957,143