Talbot Plc has in issue 5 000 000 ordinary shares throughout 2017. During 2015 the company had given senior executives options of over 400 000 shares excisable at N$1.10 at any time after May 2018. None were exercised during 2017. The average fair value of one ordinary share during the period was N$1.60. Talbot Plc made a profit after tax of N$ 540 000 in 2017.
What is the basic and diluted earnings per share for the year ended 31st December, 2017