Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Opao dec 18
- This topic has 7 replies, 2 voices, and was last updated 3 years ago by John Moffat.
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- August 6, 2021 at 2:22 pm #630596
Sir im getting stuck in calculation of gain for opao-
The method ive done is
Get Had gain % gain
For tai (2.6+2.09)*263*6170/6170 1000
For Opao how do i calculate? i tried doing
Get Had
2000*6170*2.6/2263 5000
But im not getting the right answerAugust 6, 2021 at 2:28 pm #630597Like usually what i do is value of combined company x number of shares divided by the total number of shares, i dont understand how to incorporate the change in this share price
August 6, 2021 at 2:32 pm #630598sorry divided by 2263 for tai not 6170**
August 6, 2021 at 3:46 pm #630605Which of the three offers are you asking about?
I don’t really understand what you have typed. What is ‘Get Had’?
Always the best way of calculating the % gain is to calculate it on a per share basis in the same way as the examiner’s answer.
August 6, 2021 at 7:08 pm #630621Sorry got a bit confused there. I just wanted to know if for Opao i can write what they had was 5000 what they get is 2000*2.6 and do the difference and find the % gain? and similarly for Tai what they get is 2.6*263+2.09*263 and what they had is 1000 and find the % gain
August 7, 2021 at 10:33 am #630663Yes, you could do that 🙂
August 7, 2021 at 12:10 pm #630678thank you
August 8, 2021 at 9:30 am #630728You are welcome 🙂
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