Dec 21, 2016
1:8
For every 8 shares held, investors received 1. The price per share adjusted from $0.00 to $0.02.
The split itself did not change the total investment value.
Critical Resources Ltd (ASX:CRR) operates in the Other metals/Minerals industry.
Critical Resources Ltd company overviewCritical Resources Ltd's most recent stock split was on December 21, 2016. It was a 1-for-8 reverse split, so shareholders received 1 share for every 8 they held.
Critical Resources Ltd (ASX:CRR) has split its stock 2 times: a 14-for-13 split on April 14, 2016 and a 1-for-8 reverse split on December 21, 2016.
Critical Resources Ltd has split its stock 2 times. This history records 2 splits between April 14, 2016 and December 21, 2016.
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 Critical Resources Ltd's 1-for-8 reverse split on December 21, 2016, every 8 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.
Critical Resources Ltd has not announced a new split in our records. Its most recent split was on December 21, 2016, 9 years ago. Companies announce splits in advance, and any new ASX:CRR split will appear on this page.
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