ABX GROUP LIMITED
ASX:ABXMaterialsToday’s holders own 75.1% of what they think they own, once every option and right converts.
Share count grew 76% in 24 months; runway 2–4 quarters; 5 cash raises in 24 months
ABX GROUP LIMITED had 440M shares as of September 2026; the company has not stated share-count movement over the window because the filed Appendix 2A series ends earlier than the current ASX market reading. In the past 24 months, ABX has completed 5 capital raises totalling A$21.0M, most recently a Placement + Share Purchase Plan (SPP) raising A$4.1M in September 2026. Options and rights on issue could convert into 146M new shares, equal to 33.2% of existing shares; none are in the money. The nearest expiry is November 2027. Based on the June 2026 quarter, the company holds 2 to 4 quarters of funding at the recent spend rate. Three proposed securities issues (Appendix 3B) are pending, the nearest expected in November 2026.
Quick answers · 3
Is ABX raising capital?
ABX Group has 3 proposed issues of securities pending under Appendix 3B as at 28 Oct 2026; the most recent raise announced is Placement + Share Purchase Plan (SPP) of $4.1M on 17 Sept 2026.
How much cash does ABX have?
In its quarterly cash report for the quarter ended 30 June 2026, ABX Group reported $600k of cash and estimated 0.9 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do ABX's options expire?
Unexercised options and rights equal 33.2% of ABX Group's shares on issue; the nearest expiry is Nov 2027.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2AThe form a company lodges to have new securities quoted on the ASX. It restates how many of each class are on issue. quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 23 Sept 2026 | 2A · quoted issue | ABX : ORDINARY FULLY PAID | 439.4M | Appendix 2A |
| 23 Sept 2026 | 2A · quoted issue | ABX : ORDINARY FULLY PAID | 375.7M | Appendix 2A |
| 4 June 2026 | 2A · quoted issue | ABX : ORDINARY FULLY PAID | 374.9M | Appendix 2A |
| 4 June 2026 | 3G · unquoted | ABX : ORDINARY FULLY PAID | 374.3M | Appendix 3G |
| 15 Apr 2026 | 2A · quoted issue | ABX : ORDINARY FULLY PAID | 374.3M | Appendix 2A |
Each filing states the count for the security it names, as at its own reference date and in the units of that filing — so the newest row (439.4M) need not equal the current count above (440.2M).
Securities on issue over time
Ordinary shares and every option and rights class, month by month over two years. The top edge is the fully diluted count.
Capital raises
5 cash raises in the last 24 months · 3 in the last 12 months
Retail offer
An offer existing holders can take part in — the one structural advantage retail has in a raise. Dated recently and not yet recorded as complete.
Closing dates are not in the filings this site holds. Check the company's own announcement below before acting on this.
Forward supply
Every dated event on record that could add securities to the register — option expiries to their stated dates and proposed issues over the next 18 months, on one timeline.
Placement capacity
How much stock a company can place without asking holders. Listing Rule 7.1 / 7.1ARule 7.1 lets a company issue up to 15% of its shares in 12 months without a shareholder vote. Rule 7.1A adds 10% for smaller companies whose holders approve it. allows 15% of ordinary securities in any 12 months, and every Appendix 3BNotice that a company proposes to issue new securities, such as a placement. The securities are not on issue until a later filing confirms it. states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
An exercise price is on record for only 29.4% of this supply, so what is in the money today is not a measurement — the tile above reads “—” for that reason. Of the priced supply, 0 is in the money at $0.023 today. No more priced supply until 5× today’s price, which takes it to 42.1M (9.6% of shares).
- Priced supply in the money at the price on the axis — the curve, and the only thing on it. Ten prices, sampled: between two of them the true figure lies between the two.
- 103.2M (70.6% of the supply above) states no exercise price at all. It cannot be called in or out of the money at any price, which is why it is hatched rather than plotted.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| ABXO | Options | Price-triggered, no exercise price stated | — | 17 Nov 2027 | 103.1M | Filing |
| ABXAF | Options | Price-triggered | $0.080 | 14 Mar 2028 | 20.4M | Filing |
| ABXAG | Options | Price-triggered | $0.080 | 25 Mar 2028 | 540k | Filing |
| ABXAB | Options | Price-triggered | $0.17 | 1 June 2028 | 750k | Filing |
| ABXAH | Options | Price-triggered | $0.080 | 11 June 2028 | 1.2M | Filing |
| ABXAI | Options | Price-triggered | $0.082 | 18 June 2028 | 2.0M | Filing |
| ABXAK | Options | Price-triggered | $0.080 | 17 Mar 2029 | 15.0M | Filing |
| ABXAL | Options | Price-triggered | $0.11 | 4 June 2029 | 3.0M | Filing |
| ABXAD | Options | Price-triggered, no exercise price stated | — | — | 150k | Filing |
“Nil” is a stated nil exercise price: nothing is paid to convert. An em dash means the filing names no exercise price at all. Security is read from the filing’s own class description; an em dash there means the description is not one this table labels. One row is one security class, at the number stated in the most recent quotation application that restated it — linked, and dated, in the last column. For what expires soon across other listed companies, see the options expiry calendar.
- ABXAJPrice-triggered54.7M securities → 015 Apr 2026 Appendix 2A
- ABXAEconvertible notes1.8M23 Sept 2026 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 4 June 2026 | Ian Levy | Other | 8.1M | 500k | 100k | $11k | 3Y notice |
| 4 June 2026 | Joycelyn Morton | Other | 2.3M | 2.3M | 100k | $45k | 3Y notice |
| 4 June 2026 | Mark Cooksey | Other | 535k | 2.4M | 30k | $43k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.