Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. blissful mining ltd announced will be undertaking

Blissful Mining Ltd announced will be undertaking a rights issue to fund a $82M project....

60.1K

Verified Solution

Question

Finance

Blissful Mining Ltd announced will be undertaking a rights issue to fund a $82M project. After the market announcement Blissful Petroleum shares were trading at $3.19

Each new share will be issued at $2.73 and once the rights issue has been completed there will be a total 415M shares outstanding.

How many shares are on issue TODAY ?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Chemistry
1.2K views

1) Calculate of pH of each of the following strong acid solutions: (a) 8.5 x 10^-3...

Electrical Engineering
1.2K views

a)Constract the use of electromechanical relays against a PLC in the implementation of an automatic solution, giving...

Biology
1.2K views

If you invest$1,000 in a bankand begin to earninterest on notonly the originalamount, but ongained...

Calculus
1.2K views

Suppose that a box is being towed up an inclined plane as shown in the...

Accounting
1.2K views

True or False - Pro-forma financial statements are great when preparing budgets, but actual decisions...

Accounting
1.2K views

Really stuck on last part of my homework, please help. Thank you! ...

Accounting
1.2K views

Contribution Margin Ratio a. Matzinger Company budgets sales of $10,400,000, fixed costs of $1,100,000, and...

Accounting
1.2K views

A company produces three combinations of frozen fruit for smoothies that sell in 16 oz...

Accounting
1.2K views

The normal balance of any account is the side which increases that account. side which...

Accounting
1.2K views

helpRequired information [The following information applies to the questions displayed below.] Kubin...

Accounting
1.2K views

Sander Enterprises prepared the following sales budget: Month March April May June Budgeted Sales $7,000...

Accounting
1.2K views

In this lab you will learn: - How to build a simple Finite State Machine...