1. Australia Stocks

  2. •

    Non-energy minerals

  3. •

    Precious metals
Iondrive Limited

Iondrive Limited

0.09
AUD
+0.00
(-5.49%)
-0.01EPS
5.44MMarket Cap
Mar 11Next Earn

Latest Stock Split

Nov 06, 2015

1:15

For every 15 shares held, investors received 1. The price per share adjusted from $0.02 to $0.32.

The split itself did not change the total investment value.

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Stock Split History

  1. Nov 06, 2015
    Before$0.02
    Split ratio1:15
    After$0.32
    Reverse
  2. Mar 12, 2012
    Before$0.05
    Split ratio69:68
    After$0.04
    Forward
  3. Dec 30, 2008
    Before$0.06
    Split ratio24:23
    After$0.06
    Forward

About Iondrive Limited stock splits

Iondrive Limited (ASX:ION) operates in the Precious metals industry.

Iondrive Limited company overview

When did Iondrive Limited stock split?

Iondrive Limited's most recent stock split was on November 6, 2015. It was a 1-for-15 reverse split, so shareholders received 1 share for every 15 they held.

What is Iondrive Limited's stock split history?

Iondrive Limited (ASX:ION) has split its stock 3 times: a 24-for-23 split on December 30, 2008, a 69-for-68 split on March 12, 2012, and a 1-for-15 reverse split on November 6, 2015.

How many times has Iondrive Limited stock split?

Iondrive Limited has split its stock 3 times. This history records 3 splits between December 30, 2008 and November 6, 2015.

What is a reverse stock split?

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 Iondrive Limited's 1-for-15 reverse split on November 6, 2015, every 15 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.

Will Iondrive Limited split its stock again?

Iondrive Limited has not announced a new split in our records. Its most recent split was on November 6, 2015, 10 years ago. Companies announce splits in advance, and any new ASX:ION split will appear on this page.