question archive 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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