8.Loss per share
Basic loss per share is calculated by dividing the loss attributable to equity holders of the Group by the weighted average number of shares in issue during the year. In accordance with IAS 33, where the Group has reported a loss for the period, the shares are anti-dilutive.
|
|
|
Year ended |
|
Year ended |
|
Year ended |
|
|
|
|
US $ |
|
US $ |
|
US $ |
|
|
Loss after taxation |
|
(44,810,366 |
) |
(40,324,302 |
) |
(8,516,699 |
) |
|
|
|
|
|
|
|
|
|
|
Basic and diluted weighted average shares in issue |
|
231,530,091 |
|
116,558,191 |
|
61,225,922 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic and diluted loss per share |
|
(0.19 |
) |
(0.35 |
) |
(0.14 |
) |
|
|
|
|
|
|
|
|
|
The following potentially dilutive securities outstanding at December 31, 2017, 2016 and 2015 have been excluded from the computation of diluted weighted average shares outstanding, as they would be antidilutive.
|
|
|
2017 |
|
2016 |
|
2015 |
|
|
Convertible promissory notes |
|
— |
|
— |
|
14,510,770 |
|
|
Warrants |
|
49,399,947 |
|
5,726,364 |
|
6,925,962 |
|
|
Share options |
|
17,065,534 |
|
6,810,357 |
|
7,182,674 |
|
|
|
|
|
|
|
|
|
|
|
|
|
66,465,481 |
|
12,536,721 |
|
28,619,406 |
|
|
|
|
|
|
|
|
|
|