Nov 18, 2021
1:15
For every 15 shares held, investors received 1. The price per share adjusted from $0.01 to $0.11.
The split itself did not change the total investment value.
Asara Resources Limited (ASX:AS1) operates in the Precious metals industry.
Asara Resources Limited company overviewAsara Resources Limited's most recent stock split was on November 18, 2021. It was a 1-for-15 reverse split, so shareholders received 1 share for every 15 they held.
Asara Resources Limited (ASX:AS1) has split its stock 9 times: a 14-for-13 split on February 18, 2003, a 1-for-7 reverse split on July 27, 2005, a 22-for-19 split on May 5, 2006, a 7-for-6 split on November 2, 2006, a 5-for-4 split on May 12, 2009, a 135-for-134 split on October 6, 2010, a 14-for-13 split on August 14, 2017, a 1-for-15 reverse split on December 12, 2017, and a 1-for-15 reverse split on November 18, 2021.
Asara Resources Limited has split its stock 9 times. This history records 9 splits between February 18, 2003 and November 18, 2021.
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 Asara Resources Limited's 1-for-15 reverse split on November 18, 2021, every 15 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.
Asara Resources Limited has not announced a new split in our records. Its most recent split was on November 18, 2021, 4 years ago. Companies announce splits in advance, and any new ASX:AS1 split will appear on this page.
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