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on 15 Al Bayan company's profit after tax for the year 31st December 2015 was R 500,000. The comparative figure for the year 11 December

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on 15 Al Bayan company's profit after tax for the year 31st December 2015 was R 500,000. The comparative figure for the year 11 December 2017 was RO 100,000. The company's issued share capital on 1st tanuary 2016 consisted of 20,000 ordinary shares. Nosta were med dung tey 2017 but a 1 for 5 rights issue was made on 1st July 2012 at RO 0.700 per share and this was fully scribed. The more of the company just before the rights issue was RO 1.700 per share Gestion a Calculate the total market value of shares OMR 2,800 OMR 14000 OMR 16.800 None of the listed choices b. Calculate the theoretical Ex Rights price

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