Companies / AEM

ADVANCED ENGINEERED MATERIALS LTD

ASX:AEMMaterials
589.5M shares on issueASX (delayed) · snapshot 11 Sept 2026614.1M fully diluted+4.2% if every option and right converts$0.32price · delayed$188.6Mmarket cap · indicative

Today’s holders own 96.0% of what they think they own, once every option and right converts.

Not rated
Dilution riskprovisional — limited history

Not rated — listed too recently to rate

Listed too recently — there is not enough filing history to score yet. Not rated means no assessment — not low risk.

MinimalVery high
Not placed on this scale.
Cash runwayno data — not a quarterly (4C/5B) cash filer
Share-count growth (24m)no data — listed too recently to rate
Raise cadence (24m)0 cash raises
Options & rights overhang4.2% of shares
In-the-money supplyno data — no exercise price on record
Pending proposed issuesnone

ADVANCED ENGINEERED MATERIALS LTD listed in December 2025 and has not lodged any share-issuance filings on record. The company has not raised capital and no proposed securities issues are pending. Options on issue could convert into 25M shares, representing 4.2% of the current shares on issue, with none in the money. The nearest expiry for these options is December 2028. No current quarterly cash report is on record, so no cash balance or runway figure is available.

AI-generated summary of this page's cited filings · updated 1 Sept 2026
Get told when this changes
Set up alerts
Daily email alerts cover risk-level moves, new raises, pending proposed issues and option expiries for the companies you follow.
4.2%
Options & rights overhang
In-the-money supply · no stated strikes
0
Raises · last 12 months
Cash cover · not a quarterly filer

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 589.5M per ASX (delayed) (snapshot 11 Sept 2026).
400M500M600MDec 25Apr 26Sept 26589.5M

Cash runway

Not a quarterly cash filer. This company does not lodge Appendix 4C/5B quarterly cash reports, so cash runway does not apply.

Issuance timeline

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

DateFormSecurityOn issue, per this filingSource
1 Sept 20263G · unquotedAEM : ORDINARY FULLY PAID365.9MAppendix 3G
22 July 20263G · unquotedAEM : ORDINARY FULLY PAID365.9MAppendix 3G

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 (365.9M) need not equal the current count above (589.5M).

Free account
2 filings on record — Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Capital raises

No equity raises in the last 24 months.
Free account
Full raise history
Issue price, shares issued, brokers and stated purpose for every raise on record.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

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.

Free account
1 dated event on record — Forward supply calendar
Option expiries and proposed issues on one forward timeline, with the securities each could add.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

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.

Free account
Placement capacity — LR 7.1 / 7.1A
The filings behind the figure: every Appendix 3B in the window with what it says was issued under 7.1 and 7.1A, each row linked to its filing, and how many shares are left.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

4.2%
Options & rights overhang · of current shares
In-the-money supply · no stated strikes
24.6M
Potential new shares
Dec 2028
Nearest expiry
What this supply is, and what converts it
  • Price-triggered4.2M · 0.7% of shares
    Options and warrants — they convert when the share price clears their exercise price.
    No exercise price is on record for any of it, so none of it can be called in or out of the money.
  • Condition-triggered20.3M · 3.4% of shares
    Performance and incentive rights — they convert when a hurdle is met, not at a price, and can lapse to nothing.

Exercise price on record: 0 priced, 24.6M 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.

What a price move would switch on

No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 24.6M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.

CodeSecurityTypeExercise priceExpiryOn issueSource
AEMABOptionsPrice-triggered18 Dec 20284.2MFiling
AEMADCondition-triggered2.7MFiling Meeting
AEMACPerformance rightsCondition-triggered6.5MFiling Meeting
AEMAEPerformance rightsCondition-triggered11.2MFiling Meeting

“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.

A condition-triggered class has no exercise price and usually no expiry: what it vests on is set by a shareholder resolution, not by the register. Where the company lodged a notice of meeting before the class first appears here, it is linked as “Meeting” — that is where terms of this kind are put to shareholders. It is not confirmation that the document sets this class’s conditions, and no link appears where there is no such filing.

Free account
4 option lines on record — In-the-money value & price ladder
What each line is worth in the money today, the price ladder to the next tranche that converts, and the filing description behind every code.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Director dealings

No director dealing notices (Appendix 3Y) on record.
Free account
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
Free account: 2 full company unlocks every month, no card.
Create free account

Latest announcements

Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.