Oct 16, 2020
2:5
For every 5 shares held, investors received 2. The price per share adjusted from $0.10 to $0.25.
The split itself did not change the total investment value.
Conquest Resources Limited (NEO:CQR) operates in the Precious metals industry.
Conquest Resources Limited company overviewConquest Resources Limited's most recent stock split was on October 16, 2020. It was a 2-for-5 reverse split, so shareholders received 2 shares for every 5 they held.
Conquest Resources Limited has split its stock once. This history records one reverse split, on October 16, 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 Conquest Resources Limited's 2-for-5 reverse split on October 16, 2020, every 5 shares became 2 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Conquest Resources Limited has not announced a new split in our records. Its most recent split was on October 16, 2020, 6 years ago. Companies announce splits in advance, and any new NEO:CQR split will appear on this page.
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