Jan 12, 2021
1:25
For every 25 shares held, investors received 1. The price per share adjusted from $0.02 to $0.48.
The split itself did not change the total investment value.
Boab Metals Ltd (ASX:BML) operates in the Other metals/Minerals industry.
Boab Metals Ltd company overviewBoab Metals Ltd's most recent stock split was on January 12, 2021. It was a 1-for-25 reverse split, so shareholders received 1 share for every 25 they held.
Boab Metals Ltd (ASX:BML) has split its stock 2 times: a 36-for-29 split on November 5, 2009 and a 1-for-25 reverse split on January 12, 2021.
Boab Metals Ltd has split its stock 2 times. This history records 2 splits between November 5, 2009 and January 12, 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 Boab Metals Ltd's 1-for-25 reverse split on January 12, 2021, every 25 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.
Boab Metals Ltd has not announced a new split in our records. Its most recent split was on January 12, 2021, 5 years ago. Companies announce splits in advance, and any new ASX:BML split will appear on this page.
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