Nov 21, 2014
1:4
For every 4 shares held, investors received 1. The price per share adjusted from $1.12 to $4.48.
The split itself did not change the total investment value.
Mongolia Energy Corporation Limited (OTC:MOAEY) operates in the Coal industry.
Mongolia Energy Corporation Limited company overviewMongolia Energy Corporation Limited's most recent stock split was on November 21, 2014. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
Mongolia Energy Corporation Limited has split its stock once. This history records one reverse split, on November 21, 2014.
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 Mongolia Energy Corporation Limited's 1-for-4 reverse split on November 21, 2014, every 4 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.
Mongolia Energy Corporation Limited has not announced a new split in our records. Its most recent split was on November 21, 2014, 11 years ago. Companies announce splits in advance, and any new OTC:MOAEY split will appear on this page.
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