Question: Blissful Mining Ltd announced will be undertaking a rights issue to fund a $90M project. After the market announcement Blissful Petroleum shares were trading at
Blissful Mining Ltd announced will be undertaking a rights issue to fund a $90M project. After the market announcement Blissful Petroleum shares were trading at $3.24 Each new share will be issued at $2.68 and once the rights issue has been completed there will be a total 307M shares outstanding. How many shares are on issue TODAY ?
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