New total issued shares is 1.496 Billion.
Profit warning means profits will be at best 75% of 3.5B net profits made last year= 2.47.
EPS 2.47/1.496= 1.65.
This is better in terms of dilution, as compared if all rights were taken up. at 10 bob it would trade at a PE of 6.
The investor's chief problem - and even his worst enemy - is likely to be himself