Aussie Limited has announced that it will raise $80 million.Issuing 10 million new shares to its existing

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Aussie Limited has announced that it will raise $80 million.Issuing 10 million new shares to its existing shareholders on a pro-rata basis. The share price is expected to fall from $10.00 to $9.50 on the ex-rights date.

How many shares does Aussie currently have on issue (i.e. prior to raising the $80 million)?

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Modern Advanced Accounting In Canada

ISBN: 9781259066481

7th Edition

Authors: Hilton Murray, Herauf Darrell

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Posted Date: Jul 13, 2023 02:30 AM

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Aussie Limited has announced that it will raise $80 million.Issuing 10 million new shares to its existing

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To determine the number of shares Aussie currently has on issue prior to raising the 80 million we n... View the full answer

Modern Advanced Accounting In Canada

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