BI Ltd has 7 000 000 ordinary shares on issue at the beginning of the year, 1 July 2014. These shares were issued at $4.50 each and have a current market value of $8.00. On 1 September 2014, BI Ltd bought back 500 000 ordinary shares originally issued at $4.50 for $6.50 each. On 1 December 2014, 1 000 000 shares were issued fully paid up at the current market value of these shares. Also during the period, 800 000 partly paid-up ordinary shares were issued. They were issued on 1 February 2015 at an issue price of $7.20. These shares were partly paid to $4.50. The partly paid shares are permitted proportionate rights to vote and receive dividends based on the relationship between the amount paid up and the issue price. BI Ltd has 1 000 000, $1.00 preference shares that provide non-cumulative dividends at a rate of 10%. The dividends were not paid this period. For the year ended 30 June 2014, the net loss after tax was $1 000 000. What are the basic earnings per share for BI Ltd for the year ended 30 June 2015?