Latest Stock Split Details
Key information about Magmatic Resources Limited's most recent stock split
Impact of the Stock Split
Understanding what this means for shareholders
- The total value of your investment remains the same
- You now own 1.09 times more shares (a 1087:1000 ratio)
- The price per share is reduced proportionally
Historical Stock Splits
A comprehensive history of Magmatic Resources Limited's stock splits
| Date | Ratio | Is Reverse Split | Price Before Split | Price After Split |
|---|---|---|---|---|
| 2018-08-08 | 1087:1000 | No | $0.05 | $0.05 |
About Magmatic Resources Limited
Company overview and industry information
Magmatic Resources Limited (MAG.AX) operates in the Gold industry. The recent 1087-for-1000 stock split reflects the company's growth and strategy to make shares more accessible to a broader range of investors.