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Video: What is a Stock Split?
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Synthesis Energy Systems is a clean energy company that develops, builds, owns, and operates clean energy and chemical projects and it owns proprietary technology for the production of synthesis gas (syngas) a mixture of primarily hydrogen, carbon monoxide and methane. Additionally, Co. sells technology licenses which provide operating rights to its technology and it sells its proprietary equipment and engineering services to third party customers in the energy and chemical industries. Co.'s target markets focus primarily on coals, biomass and municipal waste where Co.'s gasification technology allows energy in a range of feedstocks to be unlocked and converted into syngas. According to our SYMX split history records, SYMX has had 1 split. | |
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SYMX (SYMX) has 1 split in our SYMX split history database. The split for SYMX took place on September 30, 1996. This was a 2 for 1
split, meaning for each share of SYMX owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.
When a company such as SYMX splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the SYMX split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into SYMX shares, starting with a $10,000 purchase of SYMX, presented on a split-history-adjusted basis factoring in the complete SYMX split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
03/31/2014 |
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End date: |
12/01/2017 |
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Start price/share: |
$1.96 |
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End price/share: |
$0.38 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-80.61% |
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Average Annual Total Return: |
-36.02% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$1,938.26 |
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Years: |
3.67 |
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Date |
Ratio |
09/30/1996 | 2 for 1
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