May 01, 2019
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.00 to $0.01.
The split itself did not change the total investment value.
Mantle Minerals Ltd (ASX:MTL) operates in the Other metals/Minerals industry.
Mantle Minerals Ltd company overviewMantle Minerals Ltd's most recent stock split was on May 1, 2019. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Mantle Minerals Ltd (ASX:MTL) has split its stock 3 times: a 78-for-71 split on July 24, 2002, a 1-for-50 reverse split on November 29, 2011, and a 1-for-10 reverse split on May 1, 2019.
Mantle Minerals Ltd has split its stock 3 times. This history records 3 splits between July 24, 2002 and May 1, 2019.
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 Mantle Minerals Ltd's 1-for-10 reverse split on May 1, 2019, every 10 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.
Mantle Minerals Ltd has not announced a new split in our records. Its most recent split was on May 1, 2019, 7 years ago. Companies announce splits in advance, and any new ASX:MTL split will appear on this page.
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