Nov 29, 2017
1:16
For every 16 shares held, investors received 1. The price per share adjusted from $0.01 to $0.10.
The split itself did not change the total investment value.
Cassius Mining Ltd (ASX:CMD) operates in the Precious metals industry.
Cassius Mining Ltd company overviewCassius Mining Ltd's most recent stock split was on November 29, 2017. It was a 1-for-16 reverse split, so shareholders received 1 share for every 16 they held.
Cassius Mining Ltd (ASX:CMD) has split its stock 3 times: a 7187-for-5000 split on May 22, 2008, a 1-for-16 reverse split on November 17, 2017, and a 1-for-16 reverse split on November 29, 2017.
Cassius Mining Ltd has split its stock 3 times. This history records 3 splits between May 22, 2008 and November 29, 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 Cassius Mining Ltd's 1-for-16 reverse split on November 29, 2017, every 16 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.
Cassius Mining Ltd has not announced a new split in our records. Its most recent split was on November 29, 2017, 8 years ago. Companies announce splits in advance, and any new ASX:CMD split will appear on this page.
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