question archive Shares in Ramadian Ltd are currently trading for $4

Shares in Ramadian Ltd are currently trading for $4

Subject:FinancePrice:2.87 Bought7

Shares in Ramadian Ltd are currently trading for $4.00 each. There are currently 10,000,000 shares on issue. The company is considering various options to restructure its balance sheet. The company announces a one-for-five bonus issue. Calculate the expected ex-bonus share price.

 

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