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Rosy Ltd determined its profit attributable to ordinary shareholders for the reporting period ended 30 June 2020 as $1,450,000. The number of ordinary shares on
Rosy Ltd determined its profit attributable to ordinary shareholders for the reporting period ended 30 June 2020 as $1,450,000. The number of ordinary shares on issue up to 1 October 2019 was 1,000,000. Rosy Ltd announced a three-for-five bonus issue (three bonus shares for every five shares held) of shares effective for each ordinary share outstanding at this date. Required: What is the basic earnings per share for the year ended 30 June 2020 (keep two decimal places)
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