Question: Cooren Ltd has 1520000 ordinary shares on issue at the beginning of the year, 1 July 2014. These shares were issued at $2.00 each and have a current market value of $3.50. On 1 October 2014, 400000 ordinary fully paid shares were issued for at the current market value of these shares. On 1 March 2015 Cooren Ltd bought back 100000 shares originally issued at $2.50 for $3.25 each. What is the weighted-average number of shares calculated in accordance with AASB 133?
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