At the beginning of the current reporting period (1 January 2023) Atropos Ltd has 60  000 ordinary shares on issue. The company announced a 1‐for‐5 rights issue on 1 January 2023.

The exercise price is \($2\) and the last date to exercise the rights is 1 April 2023. The market price of one share immediately before exercise on 1 April 2023 was \($3.\) At the end of the current reporting period, Atropos Ltd determined profit attributable to ordinary shareholders at \($244\)  650.

Required 

Determine the theoretical ex-rights value per share, the rights adjustment factor, and the basic earnings per share.