Question: Joyous Constructions Ltd announced will be undertaking a rights Issue to fund a $6M project. The shares were trading in the market after the announcement

 Joyous Constructions Ltd announced will be undertaking a rights Issue to

Joyous Constructions Ltd announced will be undertaking a rights Issue to fund a $6M project. The shares were trading in the market after the announcement at $2.25 each Each new share will be issued at $2 and there are currently SM shares on issue. Calculaten Round your answer to the nearest WHOLE number

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