Aug 04, 2023
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.01 to $0.07.
The split itself did not change the total investment value.
Golden Deeps Limited (ASX:GED) operates in the Other metals/Minerals industry.
Golden Deeps Limited company overviewGolden Deeps Limited's most recent stock split was on August 4, 2023. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Golden Deeps Limited (ASX:GED) has split its stock 4 times: a 18-for-17 split on May 8, 1992, a 1-for-25 reverse split on October 3, 1997, a 5-for-3 split on November 21, 1997, and a 1-for-10 reverse split on August 4, 2023.
Golden Deeps Limited has split its stock 4 times. This history records 4 splits between May 8, 1992 and August 4, 2023.
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 Golden Deeps Limited's 1-for-10 reverse split on August 4, 2023, 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.
Golden Deeps Limited has not announced a new split in our records. Its most recent split was on August 4, 2023, 3 years ago. Companies announce splits in advance, and any new ASX:GED split will appear on this page.
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