Dec 11, 2019
1:35
For every 35 shares held, investors received 1. The price per share adjusted from $0.00 to $0.07.
The split itself did not change the total investment value.
Quantum Graphite Ltd (ASX:QGL) operates in the Other metals/Minerals industry.
Quantum Graphite Ltd company overviewQuantum Graphite Ltd's most recent stock split was on December 11, 2019. It was a 1-for-35 reverse split, so shareholders received 1 share for every 35 they held.
Quantum Graphite Ltd (ASX:QGL) has split its stock 2 times: a 1-for-35 reverse split on November 29, 2019 and a 1-for-35 reverse split on December 11, 2019.
Quantum Graphite Ltd has split its stock 2 times. This history records 2 reverse splits between November 29, 2019 and December 11, 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 Quantum Graphite Ltd's 1-for-35 reverse split on December 11, 2019, every 35 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.
Quantum Graphite Ltd has not announced a new split in our records. Its most recent split was on December 11, 2019, 6 years ago. Companies announce splits in advance, and any new ASX:QGL split will appear on this page.
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