Share Price Calculation


So I know that in order to create a price for shares issued you are supposed to select it to be within plus/minus 25% of your holding company’s equity. In my case, the holding company has an equity of $15 million and when I do the plus 25% it is at $18.8 million. Does that mean my share price can be $188 or $18?

Thanks in advance for the help.

It is based on your equity, but it is equity per share +/- 25% and not the total equity, so $18 is correct.