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GT (0263) "clarifies" 2014 EPS
Company announcement, 10-Aug-2015
Comment: in our view, the number of shares is still wrong, therefor so is the EPS. The 5:1 consolidation carries a factor of 0.2, and the rights issue of 9:1 at $0.6 carries a factor of $1.02/$0.642 based on the closing price on 10-Feb-2015, so the adjusted shares should be 123.741m. The auditor is Pan-China (H.K.) CPA Ltd.
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