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Sorry for asking. If Marley can use the option to buy shares at a cheaper price ($10), why is it unlikely to exercise the option?
Thank you Stephen. Here’s a summary of the question:
“Cratchett’s voting rights belong to Scrooge (70%) and Marley (30%). Marley has an option to buy 35% voting rights from Scrooge, exercisable for the next 2 years and at a fixed price that is deeply out of the money. The price is expected to remain so for that 2-year period.
Explain if S or M should consolidate C under IFRS 10.”
Thanks, Stephen!
Thank you so much for the reply!
Thank you Sir, I have bought one and I’m working on them!
Thank you so much! It looks very clear to me now!
