21/02/2018 - 06:52

Curious share split could create magic for Galena shareholders

21/02/2018 - 06:52

Bookmark

Save articles for future reference.

Galena Mining will ask shareholders to approve a one-for-five share split to bring the company’s rampant share price down to levels more familiar to retail investors. The unusual move, just five months after the company listed, could prove to be a positive for shareholders if previous share splits are any guide. Both Fortescue Metals and Iron Bark Zinc have successfully pulled off share splits in the past.

Subscribe today for award-winning, unbiased and trusted journalism

Subscription Options