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Basic and diluted earnings per share
9 Months Ended
Sep. 30, 2017
Basic and diluted earnings per share  
Basic and diluted earnings per share

 

12          Basic and diluted earnings per share

 

Diluted earnings per share is calculated by adjusting the weighted average number of ordinary shares outstanding, assuming conversion of all potentially dilutive ordinary shares. As the Company has incurred a loss, all potentially dilutive ordinary shares would have an antidilutive effect, if converted, and thus have been excluded from the computation of loss per share.

The potentially dilutive ordinary shares are summarized below:

 

 

 

 

 

 

 

 

September 30, 

 

September 30,

 

    

2017

    

2016

 

 

ordinary shares

BMS warrants

 

5,286,254

 

3,442,655

Warrants

 

37,175

 

37,175

Stock options under 2012 Plan

 

182,202

 

681,057

Stock options under 2014 Plan

 

2,241,188

 

2,036,372

Stock options (other)

 

425,000

 

325,000

Non-vested and earned RSUs and PSUs

 

900,927

 

297,198

Total potential dilutive ordinary shares

 

9,072,746

 

6,819,457