Sep 12, 2018
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Fenix Resources Limited (ASX:FEX) operates in the Precious metals industry.
Fenix Resources Limited company overviewFenix Resources Limited's most recent stock split was on September 12, 2018. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Fenix Resources Limited (ASX:FEX) has split its stock 3 times: a 2909-for-2000 split on October 6, 2008, a 38-for-29 split on September 23, 2011, and a 1-for-5 reverse split on September 12, 2018.
Fenix Resources Limited has split its stock 3 times. This history records 3 splits between October 6, 2008 and September 12, 2018.
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 Fenix Resources Limited's 1-for-5 reverse split on September 12, 2018, every 5 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.
Fenix Resources Limited has not announced a new split in our records. Its most recent split was on September 12, 2018, 8 years ago. Companies announce splits in advance, and any new ASX:FEX split will appear on this page.
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