Mar 10, 2017
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.05 to $0.52.
The split itself did not change the total investment value.
Chatham Rock Phosphate Limited (OTC:GELGF) operates in the Precious metals industry.
Chatham Rock Phosphate Limited company overviewChatham Rock Phosphate Limited's most recent stock split was on March 10, 2017. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Chatham Rock Phosphate Limited (OTC:GELGF) has split its stock 3 times: a 1-for-5 reverse split on March 18, 2010, a 1-for-10 reverse split on March 24, 2014, and a 1-for-10 reverse split on March 10, 2017.
Chatham Rock Phosphate Limited has split its stock 3 times. This history records 3 reverse splits between March 18, 2010 and March 10, 2017.
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 Chatham Rock Phosphate Limited's 1-for-10 reverse split on March 10, 2017, 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.
Chatham Rock Phosphate Limited has not announced a new split in our records. Its most recent split was on March 10, 2017, 9 years ago. Companies announce splits in advance, and any new OTC:GELGF split will appear on this page.
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