Dec 24, 2002
46:41
For every 41 shares held, investors received 46. The price per share adjusted from $0.10 to $0.09.
The split itself did not change the total investment value.
MGX Resources Limited (ASX:MGX) operates in the Steel industry.
MGX Resources Limited company overviewMGX Resources Limited's most recent stock split was on December 24, 2002. It was a 46-for-41 forward split, so shareholders received 46 shares for every 41 they held.
MGX Resources Limited (ASX:MGX) has split its stock 3 times: a 1-for-72 reverse split on December 18, 2001, a 1-for-72 reverse split on January 17, 2002, and a 46-for-41 split on December 24, 2002.
MGX Resources Limited has split its stock 3 times. This history records 3 splits between December 18, 2001 and December 24, 2002.
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 MGX Resources Limited's 46-for-41 split on December 24, 2002, every 41 shares became 46 shares.
MGX Resources Limited has not announced a new split in our records. Its most recent split was on December 24, 2002, 23 years ago. Companies announce splits in advance, and any new ASX:MGX split will appear on this page.
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