guru267 wrote:Aguytrying wrote:
i'm just wondering why they are increasing issued shares and issuing a bonus.
@Aguytrying do really you think that increasing issued shares and issuing a bonus are two seperate independent events???
When bonus shares are issued it leads to an increase in issued share capital of the company because new shares have been created and issued
You are quite right. However there are more shares that are going to be issued that are not for bonus.
issuing 690,012,491 shares at 2.50 per share. bonus shares- 216,829,672 in proportion of one ordinary share at 2.50 for every eight held.
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