What is a 'Reverse Stock Split'
A corporate action in which a company reduces the total number of its outstanding shares. A reverse stock split involves the company dividing its current shares by a number such as 5 or 10, which would be called a 1-for-5 or 1-for-10 split, respectively. A reverse stock split is the opposite of a conventional (forward) stock split, which increases the number of shares outstanding. Similar to a forward stock split, the reverse split does not add any real value to the company. But since the motivation for a reverse split is very different from that for a forward split, the stock’s price moves after a reverse and forward split may be quite divergent. A reverse stock split is also known as a stock consolidation or share rollback.
Read more: Reverse Stock Split http://www.investopedia.com/terms/r/reversesplit.asp#ixzz4Xb5ghNza
- Forums
- ASX - By Stock
- Ann: Quarterly Activities and Cashflow Report
What is a 'Reverse Stock Split' A corporate action in which a...
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NOR (ASX) to my watchlist
|
|||||
Last
4.8¢ |
Change
0.001(2.13%) |
Mkt cap ! $22.72M |
Open | High | Low | Value | Volume |
4.6¢ | 4.8¢ | 4.3¢ | $5.638K | 122.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 83888 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 18148 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 83888 | 0.042 |
2 | 175000 | 0.041 |
1 | 100000 | 0.040 |
1 | 200000 | 0.039 |
1 | 355000 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 18148 | 1 |
0.050 | 482000 | 3 |
0.056 | 60000 | 1 |
0.058 | 137000 | 2 |
0.059 | 95632 | 2 |
Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
Featured News
NOR (ASX) Chart |