Jul 19, 2021
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.25 to $12.50.
The split itself did not change the total investment value.
Greenwing Resources Ltd (ASX:GW1) operates in the Other metals/Minerals industry.
Greenwing Resources Ltd company overviewGreenwing Resources Ltd's most recent stock split was on July 19, 2021. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
Greenwing Resources Ltd (ASX:GW1) has split its stock 6 times: a 75-for-74 split on March 22, 2007, a 10307-for-10000 split on November 26, 2009, a 88-for-81 split on September 19, 2011, a 10-for-7 split on July 13, 2016, a 523-for-500 split on September 22, 2017, and a 1-for-50 reverse split on July 19, 2021.
Greenwing Resources Ltd has split its stock 6 times. This history records 6 splits between March 22, 2007 and July 19, 2021.
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 Greenwing Resources Ltd's 1-for-50 reverse split on July 19, 2021, every 50 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.
Greenwing Resources Ltd has not announced a new split in our records. Its most recent split was on July 19, 2021, 5 years ago. Companies announce splits in advance, and any new ASX:GW1 split will appear on this page.
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