Basic loss per share
The loss and weighted average number of ordinary shares used in the calculation of basic loss per share are as follows:
Diluted loss per share
The loss and weighted average number of ordinary shares used in the calculation of diluted loss per share are as follows:
(a) The weighted average number of ordinary shares for the purposes of diluted loss per share reconciles to the weighted average number of ordinary shares used in the calculation of basic loss per share as follows:
(b) The following potential ordinary shares are not dilutive and are therefore excluded from the weighted average number of ordinary shares for the purposes of diluted loss per share:
Following the year end, the Company completed a private placement of 32,000,000 ordinary shares to sophisticated investors. These shares have not been included in the calculation of the weighted average number of ordinary shares for either basic or diluted loss per share.
