Oct 29, 2019
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.01 to $0.10.
The split itself did not change the total investment value.
Southstone Minerals Limited (NEO:SML) operates in the Other metals/Minerals industry.
Southstone Minerals Limited company overviewSouthstone Minerals Limited's most recent stock split was on October 29, 2019. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Southstone Minerals Limited has split its stock once. This history records one reverse split, on October 29, 2019.
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 Southstone Minerals Limited's 1-for-10 reverse split on October 29, 2019, 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.
Southstone Minerals Limited has not announced a new split in our records. Its most recent split was on October 29, 2019, 6 years ago. Companies announce splits in advance, and any new NEO:SML split will appear on this page.
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