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Rights Issue

Forums › CIMA Forums › Rights Issue

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by P2-D2.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • December 29, 2017 at 2:34 pm #426735
    mrfk007
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    Hello,
    I am having trouble understanding the reason behind dividing pre-issue market value by TERP in order to calculate weighted average number of shares.
    Any response would be much appreciated as i am studying at the moment.

    January 1, 2018 at 9:25 pm #426965
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7212
    • ☆☆☆☆☆

    Hi,

    I wouldn’t concern yourself with the reasoning as it will only complicate the issue further.

    Thanks

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