a) Raspberry Ltd is currently undergoing an equal access share buy-back scheme and is concurrently having an on-market buy-back of $500 million. The market price of Raspberry Ltd is now quoted at $24.00 per share, while the share price has been appreciating steadily in the past two years by an average of 15 per cent per annum. The off-market buy-back price was announced at $22.60 per share, where the capital component of the offer is $10.20 per share and a fully-franked