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.
21/02/2018 - 06:52
Curious share split could create magic for Galena shareholders
By Matt Birney
21/02/2018 - 06:52
Related Data & Insights
-
-
Rank Company Revenue 66th Triangle Energy Global $29.8m 67th Galena Mining $29.5m 69th Xstate Resources $20.0m 70th Sacgasco $19.1m 605 listed resources wa companies ranked by revenue.
Powered by Morningstar ®
Data & Insights
Mentioned Organisations
Mentioned People
Related Articles
20 Mar 2024
Galena remains in suspension
01 Mar 2024
Galena to remain in suspension
10 Nov 2023
Board Moves November 10, 2023
05 Sep 2023
St George heralds new zinc-lead-silver deposit
05 May 2023
Galena emerges from production delays
20 Apr 2023
Galena Mining raises $20m
Subscribe today for award-winning, unbiased and trusted journalism
Subscription OptionsX