Oct 16, 2017
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.05 to $0.50.
The split itself did not change the total investment value.
Advance ZincTek Limited (ASX:ANO) operates in the Chemicals: specialty industry.
Advance ZincTek Limited company overviewAdvance ZincTek Limited's most recent stock split was on October 16, 2017. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Advance ZincTek Limited (ASX:ANO) has split its stock 2 times: a 15-for-14 split on August 26, 2011 and a 1-for-10 reverse split on October 16, 2017.
Advance ZincTek Limited has split its stock 2 times. This history records 2 splits between August 26, 2011 and October 16, 2017.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In Advance ZincTek Limited's 1-for-10 reverse split on October 16, 2017, every 10 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Advance ZincTek Limited has not announced a new split in our records. Its most recent split was on October 16, 2017, 9 years ago. Companies announce splits in advance, and any new ASX:ANO split will appear on this page.
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