Sorry if it a silly question. I have looked the answer of above example at the back. I am happy with the solution but one thing I am unsure is the fraction in the solution is 3/2 and at the bottom not sure if there is any typing error that “number of shares in issue after”is divided by “number of shares in issue after” and result comes 3/2.
I would really appreciate if you can be kind to explain how that 3/2 came from?