May 20, 2013
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $0.01 to $0.12.
The split itself did not change the total investment value.
Hawthorn Resources Limited (ASX:HAW) operates in the Precious metals industry.
Hawthorn Resources Limited company overviewHawthorn Resources Limited's most recent stock split was on May 20, 2013. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Hawthorn Resources Limited (ASX:HAW) has split its stock 5 times: a 3-for-1 split on February 23, 1993, a 2-for-1 split on April 19, 2000, a 1-for-5 reverse split on April 10, 2002, a 42-for-41 split on May 3, 2002, and a 1-for-20 reverse split on May 20, 2013.
Hawthorn Resources Limited has split its stock 5 times. This history records 5 splits between February 23, 1993 and May 20, 2013.
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 Hawthorn Resources Limited's 1-for-20 reverse split on May 20, 2013, every 20 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.
Hawthorn Resources Limited has not announced a new split in our records. Its most recent split was on May 20, 2013, 13 years ago. Companies announce splits in advance, and any new ASX:HAW split will appear on this page.
Already premium?