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Dricom Inc-Ord shareholders

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Dricom Inc-Ord shareholders

  • This topic has 3 replies, 2 voices, and was last updated 10 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • November 14, 2014 at 3:45 pm #210010
    rooster197812
    Participant
    • Topics: 3
    • Replies: 18
    • ☆

    Hello,
    just looking at the above q, I cannot grasp why in the reconstruction would the co offer to buy back shares at a premium from the ord shareholders??
    this will cause a potential(if all shares bought back)outflow of 280k. Is it done for eps purposes further down the line due to extra shares being created for the vent cap and employees???
    many thanks
    H

    November 15, 2014 at 11:29 am #210167
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54657
    • ☆☆☆☆☆

    You will have to tell me which exam the question was in – I cannot remember the name of every question 🙂

    November 17, 2014 at 6:17 pm #210766
    rooster197812
    Participant
    • Topics: 3
    • Replies: 18
    • ☆

    Sorry John,

    It was in the Dec ‘ 97 exam

    H

    November 18, 2014 at 8:59 am #210888
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54657
    • ☆☆☆☆☆

    I am really sorry but I do not have that question (and it is no longer available on the ACCA website).

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