Jun 03, 1998
5:4
For every 4 shares held, investors received 5. The price per share adjusted from $0.03 to $0.02.
The split itself did not change the total investment value.
Gullewa Limited (ASX:GUL) operates in the Precious metals industry.
Gullewa Limited company overviewGullewa Limited's most recent stock split was on June 3, 1998. It was a 5-for-4 forward split, so shareholders received 5 shares for every 4 they held.
Gullewa Limited (ASX:GUL) has split its stock 3 times: a 36-for-35 split on March 12, 1996, a 1-for-5 reverse split on April 16, 1998, and a 5-for-4 split on June 3, 1998.
Gullewa Limited has split its stock 3 times. This history records 3 splits between March 12, 1996 and June 3, 1998.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Gullewa Limited's 5-for-4 split on June 3, 1998, every 4 shares became 5 shares.
Gullewa Limited has not announced a new split in our records. Its most recent split was on June 3, 1998, 28 years ago. Companies announce splits in advance, and any new ASX:GUL split will appear on this page.
Already premium?