Dec 23, 2005
1:3
For every 3 shares held, investors received 1.
The split itself did not change the total investment value.
Strike Resources Limited (ASX:SRK) operates in the Steel industry.
Strike Resources Limited company overviewStrike Resources Limited's most recent stock split was on December 23, 2005. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Strike Resources Limited has split its stock once. This history records one reverse split, on December 23, 2005.
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 Strike Resources Limited's 1-for-3 reverse split on December 23, 2005, every 3 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.
Strike Resources Limited has not announced a new split in our records. Its most recent split was on December 23, 2005, 20 years ago. Companies announce splits in advance, and any new ASX:SRK split will appear on this page.
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