June 2016- Louieed co

This topic has 3 replies, 2 voices, and was last updated 6 years ago by John Moffat.

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December 5, 2019 at 3:06 am #554996
yahweh
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Hello,
To calculate PE ratio based on initial offer, why the no of shares of Tidded co is still 90 m.

It says for every 1 shares he is getting 2 shares of louieed.

Thank you.
December 5, 2019 at 9:27 am #555040
John Moffat
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The question is asking for the PE ratios being implied for Tidded. So it is Tidded’s existing shares that we are looking at.
December 5, 2019 at 10:46 am #555057
yahweh
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Thank you.
December 5, 2019 at 4:09 pm #555159
John Moffat
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You are welcome 🙂
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