ABC Ltd is an Australian listed company. The results for the financial year ending 30 June 2019 have exceeded expectationsprofit after tax is $4 million. As at 30 June 2018, there were 9 million ordinary shares on issue.

On 1 May 2019, 3 million further ordinary shares were issued at a price of $3 - paid to $1.00. The partly paid shares carry rights to dividends in proportion to the amount paid relative to the total issue price.

REQUIRED

Calculate the basic EPS for ABC Ltd for the year ending 30 June 2019.