Dear John,
Could you please explain why in part c - cash and share offer, the answer does not calculate the number of new issued share and new Hav Co share price? They use the current share price of &9.24. This is different from Sigra - Dec 2012.
Thank you!
ACCA Forums
AFMHav Co - Jun 2013
11y ago#1Yes - he has done it differently, and I cannot give you a reason why. What is being asked is almost identical.
I think he should have taken the approach in Sigra in both answers.
Thanks Sir for your so quick response! I have one more question. When calculating equity value, should we minus total liability or non current liability only?
11y ago#3For equity you should subtract all liabilities.
(In future, if you want me to answer then you must ask in the P4 Ask the ACCA Tutor Forum - this forum is for students to help each other.)
Sorry for posting in the wrong forum and thank you so much for your help.
11y ago#5You are welcome :-)
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