Aug 22, 2022
1:10
For every 10 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.
Gateway Mining Limited (ASX:GML) operates in the Precious metals industry.
Gateway Mining Limited company overviewGateway Mining Limited's most recent stock split was on August 22, 2022. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Gateway Mining Limited (ASX:GML) has split its stock 3 times: a 2-for-1 split on November 30, 1995, a 207-for-200 split on March 22, 2002, and a 1-for-10 reverse split on August 22, 2022.
Gateway Mining Limited has split its stock 3 times. This history records 3 splits between November 30, 1995 and August 22, 2022.
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 Gateway Mining Limited's 1-for-10 reverse split on August 22, 2022, 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.
Gateway Mining Limited has not announced a new split in our records. Its most recent split was on August 22, 2022, 4 years ago. Companies announce splits in advance, and any new ASX:GML split will appear on this page.
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