Oct 11, 2024
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.
Red Mountain Mining Ltd (ASX:RMX) operates in the Precious metals industry.
Red Mountain Mining Ltd company overviewRed Mountain Mining Ltd's most recent stock split was on October 11, 2024. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Red Mountain Mining Ltd (ASX:RMX) has split its stock 5 times: a 35-for-29 split on May 22, 2013, a 5-for-4 split on February 18, 2016, a 1-for-32 reverse split on October 3, 2016, a 8-for-7 split on April 5, 2024, and a 1-for-10 reverse split on October 11, 2024.
Red Mountain Mining Ltd has split its stock 5 times. This history records 5 splits between May 22, 2013 and October 11, 2024.
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 Red Mountain Mining Ltd's 1-for-10 reverse split on October 11, 2024, 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.
Red Mountain Mining Ltd has not announced a new split in our records. Its most recent split was on October 11, 2024, 2 years ago. Companies announce splits in advance, and any new ASX:RMX split will appear on this page.
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