ABX GROUP LIMITED
ASX:ABXMaterialsToday’s holders own 71.7% of what they think they own, once every option and right converts.
Runway under 2 quarters; share count grew 50% in 24 months; 3 cash raises in 24 months
ABX GROUP LIMITED's ordinary share count grew 49.9% between February 2024 and June 2026, to 375M shares. The company raised capital three times in the past 24 months for total disclosed proceeds of A$10.8M, most recently a A$6.0M placement in November 2025. Options on issue could convert into 148M new shares, equal to 39.5% of the current share count; the nearest expiry falls in November 2027. At the June 2026 quarter the company reported A$-674K in available cash, about -0.4 quarters of funding at its recent spending rate. No proposed securities issues are currently pending.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 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 |
| 17 Mar 2026 | 3G · unquoted | ABX : ORDINARY FULLY PAID | 374.3M | Appendix 3G |
| 17 Mar 2026 | 3G · unquoted | ABX : ORDINARY FULLY PAID | 374.3M | Appendix 3G |
Capital raises
3 cash raises in the last 24 months · 1 in the last 12 months
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 allows 15% of ordinary securities in any 12 months, and every Appendix 3B states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
- Price-triggered146.1M · 39.0% of sharesOptions and warrants — they convert when the share price clears their exercise price.At least 103.2M of it states no exercise price — that much cannot be called in or out of the money.
- Converts on terms1.8M · 0.5% of sharesConvertibles with no exercise price — they convert on their own terms, so they are shares in all but name.
Exercise price on record: 42.9M priced, 105.0M where the filing never states one. A security with no exercise price is never counted in the money — nothing is paid to convert it, so there is no price for it to be above.
Each figure is the filing’s own count of securities, not a share count — a 2A never states what one security converts into.
An exercise price is on record for only 29.0% 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 $0.039 today. No more priced supply until 3× today’s price, which takes it to 42.1M (11.2% 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.
- 105.0M (71.0% 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 | — | 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 |
| — | Options | Price-triggered | $0.11 | 4 June 2029 | 3.0M | Filing |
| ABXAD | Options | Price-triggered | — | — | 150k | Filing |
| ABXAE | Notes | Converts on terms | — | — | 1.8M | 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.
- ABXAJPrice-triggered54.7M securities → 015 Apr 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 12 Sept 2026.