At the beginning of the period 1 July 2020, WANOS Ltd had 290000 fully paid ordinary shares on issue.

On 1 January 2021 the company made a 1-for-6 rights issue at a subscription price of $0.61 for each share. The last cum rights share price immediately prior to the rights issue was $1.35 each.

WANOS Ltd has $100,000 convertible notes on issue for the entire year. These notes could be converted to 100,000 ordinary shares at the option of the holders. The incremental EPS of these notes is lower than the basic EPS.

What is the weighted-average number of shares (WANOS) for the diluted EPS in accordance with AASB 133? 

Answer rating: 100% (QA)

The weighted average number of shares W AN OS for the diluted EPS in accordance with A AS B 133 is 5 ... View the full answer