Companies / ADX

ADX ENERGY LTD

ASX:ADXEnergy
898.7M shares on issueASX (delayed) · as of 28 July 2026$0.020price · delayed$18.0Mmarket cap · indicative
F
Dilution grade

Runway under 2 quarters; share count grew 58% in 24 months; 5 cash raises in 24 months

Cash runway1.2 quarters of funding
Share-count growth (24m)58.1%
Raise cadence (24m)5 cash raises
Options & rights overhang23.6% of shares
In-the-money supply0.0% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

ADX ENERGY LTD's ordinary share count grew 58.1% between May 2024 and May 2026, to 898M shares. The company raised capital five times in that 24-month window for total disclosed proceeds of A$19.7M, most recently a A$3.6M placement in July 2026. Options and rights on issue could convert into 213M new shares, equal to 23.6% of the current share count, with 0% in the money at present; the nearest expiry is July 2026. At the March 2026 quarter the company reported A$4.1M in available cash, covering about 1.2 quarters at its recent spending rate. Two proposed securities issues (Appendix 3B) are pending, the nearest proposed date being July 2026.

AI-generated summary of this page's cited filings · updated 28 July 2026
Email me when this grade changes
Alerts are coming soon — this opens a pre-filled email that puts you on the list.
23.6%
Max option dilution
0.0%
ITM option dilution
5
Raises · last 12 months
1.2 qtrs
Cash cover · under 2 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 898.7M per ASX (delayed) (28 July 2026).
641.3M735.8M830.3MDec 24Sept 25July 26Cash raise · 17 July 2026Cash raise · 10 Mar 2026Cash raise · 10 Mar 2026Cash raise · 10 Nov 2025Cash raise · 10 Nov 2025

Cash runway

1.2 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$4.1M available cash at quarter ended 31 Mar 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds.
Paid plan
Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 31 Mar 2026.
Join the waitlist

Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
29 May 20262A · quoted issueADX : ORDINARY FULLY PAID896.0MAppendix 2A
29 May 20263G · unquotedADX : ORDINARY FULLY PAID895.4MAppendix 3G
29 May 20262A · quoted issueADX : ORDINARY FULLY PAID898.1MAppendix 2A
20 May 20263G · unquotedADX : ORDINARY FULLY PAID894.4MAppendix 3G
20 May 20263G · unquotedADX : ORDINARY FULLY PAID894.4MAppendix 3G
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
Join the waitlist

Capital raises

5 cash raises in the last 24 months · 5 in the last 12 months

$3.6M
Placement
17 July 2026 ACTIVE
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
Join the waitlist

Pending proposed issues

2 proposed issues pending — Appendix 3B lodged, securities not yet issued. New shares from these issues are not in the counts above until quoted.
Paid plan
Pending issue detail
Size, price, fees, broker and placement-capacity usage for each pending issue.
Join the waitlist

Options & convertible securities

23.6%
Total overhang · of current shares
0.0%
In the money · at current price
212.5M
Potential new shares
July 2026
Nearest expiry
Paid plan
Per-line options & expiry cliffs
Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.
Join the waitlist

Director dealings

DateDirectorTypeSharesOptionsValueSource
29 May 2026Paul FinkOther43k411k—3Y notice
29 May 2026David GilbertOther282k2.0M$8k3Y notice
29 May 2026Edouard EtienvreOther309k885k$9k3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
Join the waitlist

Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
Sign up free — coming soon

Latest announcements

23 July 2026Release from Escrow
21 July 2026Proposed issue of securities - ADX
21 July 2026$PADX Secures A$3.58 million Placement
19 July 2026$PTrading Halt
19 July 2026Investor Presentation
8 July 2026$PVienna Basin Fields Delivers 35% Increase in Production
5 July 2026$PSicily Channel Independent Review
30 June 2026Investor Presentation - Near Term Work Program
21 June 2026$PHOCH-1 Production Testing Update- Stable Gas Flow
18 June 2026$PHOCH-1 Production Testing Update- Positive Clean-Up Gas Flow
14 June 2026$PHOCH-1 Production Test Update
8 June 2026Change of Company Address
1 June 2026Change of Director's Interest Notice - I Tchacos
31 May 2026Change of Director's Interest Notice - P Fink
31 May 2026Change of Director's Interest Notice - D Gilbert
31 May 2026Change of Director's Interest Notice - E Etienvre
29 May 2026Cleansing Notice
29 May 2026Application for quotation of securities - ADX
29 May 2026Application for quotation of securities - ADX
29 May 2026Notification regarding unquoted securities - ADX

Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.