Dec 03, 2024
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.00 to $0.04.
The split itself did not change the total investment value.
Eastern Resources Limited (ASX:EFE) operates in the Steel industry.
Eastern Resources Limited company overviewEastern Resources Limited's most recent stock split was on December 3, 2024. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Eastern Resources Limited (ASX:EFE) has split its stock 3 times: a 30-for-29 split on June 1, 2012, a 15-for-14 split on April 28, 2021, and a 1-for-10 reverse split on December 3, 2024.
Eastern Resources Limited has split its stock 3 times. This history records 3 splits between June 1, 2012 and December 3, 2024.
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 Eastern Resources Limited's 1-for-10 reverse split on December 3, 2024, every 10 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.
Eastern Resources Limited has not announced a new split in our records. Its most recent split was on December 3, 2024, 1 year ago. Companies announce splits in advance, and any new ASX:EFE split will appear on this page.
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