Oil and Buns issued to the public 1,300,000 ordinary shares of 75k at a price of #1.50k. Application and allotment were received for 900,000 shares at 25k each.
A. #675,000
B. #975,000
C. #1,350,000
D. #1,950,000
Correct Answer:
Option D – #1,950,000
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