May 19, 2016
1:4
For every 4 shares held, investors received 1. The price per share adjusted from $0.00 to $0.02.
The split itself did not change the total investment value.
New Frontier Minerals Limited (ASX:NFM) operates in the Precious metals industry.
New Frontier Minerals Limited company overviewNew Frontier Minerals Limited's most recent stock split was on May 19, 2016. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
New Frontier Minerals Limited (ASX:NFM) has split its stock 2 times: a 6-for-5 split on October 26, 2015 and a 1-for-4 reverse split on May 19, 2016.
New Frontier Minerals Limited has split its stock 2 times. This history records 2 splits between October 26, 2015 and May 19, 2016.
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 New Frontier Minerals Limited's 1-for-4 reverse split on May 19, 2016, every 4 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.
New Frontier Minerals Limited has not announced a new split in our records. Its most recent split was on May 19, 2016, 10 years ago. Companies announce splits in advance, and any new ASX:NFM split will appear on this page.
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