Oct 07, 2020
9:10
For every 10 shares held, investors received 9. The price per share adjusted from $0.02 to $0.02.
The split itself did not change the total investment value.
Anax Metals Limited (ASX:ANX) operates in the Other metals/Minerals industry.
Anax Metals Limited company overviewAnax Metals Limited's most recent stock split was on October 7, 2020. It was a 9-for-10 reverse split, so shareholders received 9 shares for every 10 they held.
Anax Metals Limited (ASX:ANX) has split its stock 2 times: a 11-for-8 split on June 5, 2019 and a 9-for-10 reverse split on October 7, 2020.
Anax Metals Limited has split its stock 2 times. This history records 2 splits between June 5, 2019 and October 7, 2020.
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 Anax Metals Limited's 9-for-10 reverse split on October 7, 2020, every 10 shares became 9 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Anax Metals Limited has not announced a new split in our records. Its most recent split was on October 7, 2020, 6 years ago. Companies announce splits in advance, and any new ASX:ANX split will appear on this page.
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