Question: Tenham Ltd has 30000 ordinary shares outstanding during the reporting period ended 30 June 2024. The average market price of its ordinary shares during the

Tenham Ltd has 30000 ordinary shares outstanding during the reporting period ended 30 June 2024. The average market price of its ordinary shares during the period was $6.75 per share. The company also has 7500 options on issue with an exercise price of $6.00 each.

Required:

Calculate the additional shares attributed to ordinary shareholders from the potentially dilutive options.

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