Tuesday, June 25, 2019 8:18:57 AM
False, EPS is calculated using the float:
Net Income/Float = EPS
The float has been diluted here, this has recently been shown, the share price dropped to No Bid because additional shares were added to the market, that dilution caused the value of a share to drop.
Net Income/Float = EPS
The float has been diluted here, this has recently been shown, the share price dropped to No Bid because additional shares were added to the market, that dilution caused the value of a share to drop.
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