Mar 18, 2020
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.06 to $0.64.
The split itself did not change the total investment value.
Mongolia Energy Corporation Limited (HKEX:276) operates in the Coal industry.
Mongolia Energy Corporation Limited company overviewMongolia Energy Corporation Limited's most recent stock split was on March 18, 2020. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Mongolia Energy Corporation Limited (HKEX:276) has split its stock 6 times: a 5-for-1 split on August 9, 1999, a 1-for-20 reverse split on September 7, 2004, a 99-for-86 split on January 26, 2005, a 138-for-121 split on January 9, 2006, a 1-for-4 reverse split on November 13, 2014, and a 1-for-10 reverse split on March 18, 2020.
Mongolia Energy Corporation Limited has split its stock 6 times. This history records 6 splits between August 9, 1999 and March 18, 2020.
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 Mongolia Energy Corporation Limited's 1-for-10 reverse split on March 18, 2020, 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.
Mongolia Energy Corporation Limited has not announced a new split in our records. Its most recent split was on March 18, 2020, 6 years ago. Companies announce splits in advance, and any new HKEX:276 split will appear on this page.
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