- This topic has 4 replies, 2 voices, and was last updated 7 years ago by
.
Viewing 5 posts - 1 through 5 (of 5 total)
-
Posts
-
Hello Tutor, I have a question about the GXG Co and it’s from PYQ June 2013 question 4(b)
although the question does not ask to calculate the TERP (assuming of the right issue), if I want to calculate it, is it the figure at the below is correct?
10m x 2.75/share = $27.5m
1.32m x 2.50/share = $ 3.3m
=
30.8m/11.32m share= $2.72/shareand after net issue cost will be = $2.72 – $0.07 = $2.65?
($100,000/ 1.32m share)Thank you.
But there is no rights issue in the question!!!
The issue of shares in option 2 is to new shareholders. Rights issues are issues to existing shareholders.
Viewing 5 posts - 1 through 5 (of 5 total)
- The topic ‘GXG Co’ is closed to new replies.