Doubts in Eps

At 1st January 2008 Artichoke had 5 million $1 equity shares in issue.On 1 June 2008 it made a 1 for 5 rights issue at a price of $1.5.The market price of the shares on the last day of quotation with rights was $1.8. Total earnings for the year ended 31Dec 2008 was $7.6m. What is Eps??? How do we get 5/12 and 7/12 in shares..Can you please tell me from which month to which month...

Waffle had share capital of $7.5 m in 50c equity shares at 1 October 2006.On 1 Jan 2007 it made an issue of 4m shares at full market price immediately followed by a 1 for 3 bonus issue. The financial statements at 30 September 2007 showed profit for the year of $12m. What is Eps?? How do we get 18000/3???

For every $5 we issue 4 shares And that's where you get 4/5

1 January to 31 May is 5 months 1 June to 31 December is 7 months And that's where we get 5/12 and 7/12 from

I disagree with the Waffle answer! You ask "How do we get 18000/3???" I believe that the answer actually says 18/15 or even 15/3 i disagree because I interpret this question as meaning that not only do the existing 15,000 shares qualify for the 1 for 3 bonus issue but so too do the 4,000 shares issued at full price - "4m shares at full market price immediately followed by a 1 for 3 bonus issue." clearly indicates that the bonus issue followed the issue at full price

So how do we get 6000 for bonus issue???Can you show me the calculations...

I don't think it is 6,000 and, even if I were to do it in the way the answer has done it, it's still not 6,000 I don't know how the answer has arrived at 6,000 I don't have the question, nor the answer, nor access to the question, nor the answer Sorry :-(