GHX Ltd. (GHX) needs to issue an additional $50,000,000 in common shares. GHX's investment banker has determined that the new shares could be issued at a retail price of $30 and the underwriting costs will be $2.25 a share. If other issuance costs would be $1,500,000 how many shares would GHX need to issue?  

Answer rating: 100% (QA)

How many shares GHX Ltd needs to issue Given information Capital needed 5000... View the full answer