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LOSS PER SHARE
 12 Months Ended
Dec. 31, 2017
LOSS PER SHARE  
LOSS PER SHARE

22.       LOSS PER SHARE

Both the basic and diluted loss per share have been calculated using the loss attributable to shareholders of the Company as the numerator. The weighted average number of common shares outstanding used for basic loss per share for the year ended December 31, 2017 amounted to 81,523,874 shares (2016: 67,465,300 and 2015: 65,397,132 shares).

                                                                                                                                                                                    

 

 

 

For the years ended December 31,

 

 

 

 

2017

 

2016

 

2015

 

 

Weighted average number of common shares

 

 
81,523,874

 

 
67,465,300

 

 
65,397,132

 

 

Loss for the period

 

$
(22,908,721

)

$
(86,494,893

)

$
(26,730,490

)

 

 

 

 

 

 

 

 

 

 

Basic loss per share

 

$
(0.28

)

$
(1.28

)

$
(0.41

)

 

 

 

 

 

 

 

 

 

 

As the Company is currently operating at a loss no dilutive potential ordinary shares have been identified as the conversion would lead to a decrease in loss per share