Jul 09, 2007
1:2
For every 2 shares held, investors received 1.
The split itself did not change the total investment value.
Monument Mining Limited (NEO:MMY) operates in the Precious metals industry.
Monument Mining Limited company overviewMonument Mining Limited's most recent stock split was on July 9, 2007. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Monument Mining Limited (NEO:MMY) has split its stock 2 times: a 1-for-4 reverse split on July 16, 2002 and a 1-for-2 reverse split on July 9, 2007.
Monument Mining Limited has split its stock 2 times. This history records 2 reverse splits between July 16, 2002 and July 9, 2007.
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 Monument Mining Limited's 1-for-2 reverse split on July 9, 2007, every 2 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.
Monument Mining Limited has not announced a new split in our records. Its most recent split was on July 9, 2007, 19 years ago. Companies announce splits in advance, and any new NEO:MMY split will appear on this page.
Already premium?