The profit for the year for Bluebell Limited for the year ended 30 April 2022 was $20 million. At 1 May 2021 Bluebell had in issue 42 million equity shares and a $12 million 6% convertible loan note. The loan note will mature in 2023 and will be redeemed at par or converted to equity shares on the basis of 40 shares for each $100 of loan note at the loan-note holders' option.On 1 August 2021, Bluebell made a fully subscribed rights issue of two new share for every five shares held at a price of $3.20 each. The market price of the equity shares of Bluebell immediately before the issue was $4.75.

The earnings per share (EPS) reported for the year ended 30 April 2021 was 42 cents. Bluebell's tax rate is 30%.

Required:

1. Calculate the basic EPS figure for Bluebell Limited for the year ended 30 April 2022 and include the comparatives.
3. Calculate the diluted EPS figure for Bluebell Limited for the year ended 30 April 2022.