Question
Tenham Ltd has 30000 ordinary shares outstanding during the reporting period ended 30 June 2024. The average market price of its ordinary shares during the
Tenham Ltd has 30000 ordinary shares outstanding during the reporting period ended 30 June 2024. The average market price of its ordinary shares during the period was $6.75 per share. The company also has 7500 options on issue with an exercise price of $6.00 each.
Required:
Calculate the additional shares attributed to ordinary shareholders from the potentially dilutive options.
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Basic Statistics For Business And Economics
Authors: Douglas Lind, William Marchal, Samuel Wathen
8th Edition
73521477, 978-0073521473
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