Nov 16, 2012
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $0.02 to $0.40.
The split itself did not change the total investment value.
Resouro Strategic Metals Inc (ASX:RAU) operates in the Other metals/Minerals industry.
Resouro Strategic Metals Inc company overviewResouro Strategic Metals Inc's most recent stock split was on November 16, 2012. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Resouro Strategic Metals Inc (ASX:RAU) has split its stock 3 times: a 55-for-27 split on May 14, 2007, a 40-for-37 split on May 13, 2009, and a 1-for-20 reverse split on November 16, 2012.
Resouro Strategic Metals Inc has split its stock 3 times. This history records 3 splits between May 14, 2007 and November 16, 2012.
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 Resouro Strategic Metals Inc's 1-for-20 reverse split on November 16, 2012, every 20 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.
Resouro Strategic Metals Inc has not announced a new split in our records. Its most recent split was on November 16, 2012, 13 years ago. Companies announce splits in advance, and any new ASX:RAU split will appear on this page.
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