Companies / AQD

AUSQUEST LIMITED

ASX:AQDMaterials
1.64B shares on issueASX (delayed) · as of 28 July 2026$0.042price · delayed$69.0Mmarket cap · indicative
D
Dilution grade

Share count grew 99% in 24 months; 19 cash raises in 24 months; options/rights overhang 35% of shares

Cash runway10.6 quarters of funding
Share-count growth (24m)98.8%
Raise cadence (24m)19 cash raises
Options & rights overhang35.1% of shares
In-the-money supply18.9% of shares
Pending proposed issuesnone

AUSQUEST LIMITED's ordinary share count grew 98.8% between September 2024 and July 2026, to 1.64B shares. The company raised capital 19 times in that 24-month window for total disclosed proceeds of A$19.3M, most recently a A$10.0M placement in December 2025 (total covers only raises with disclosed, confirmed proceeds). Options and rights on issue could convert into 576M new shares, equal to 35.1% of the current share count, of which 19% are in the money at the current share price; the nearest expiry falls in November 2026. At the March 2026 quarter the company reported A$9.1M in available cash, about 10.6 quarters of funding at its recent spending rate. No proposed securities issues (Appendix 3B) are pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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35.1%
Max option dilution
18.9%
ITM option dilution
1
Raises · last 12 months
10.6 qtrs
Cash cover · over 4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 1.64B per ASX (delayed) (28 July 2026).
1.18B1.35B1.52BDec 24Sept 25July 26Cash raise · 4 Dec 2025Cash raise · 13 June 2025Cash raise · 6 June 2025Cash raise · 30 May 2025Cash raise · 23 May 2025Cash raise · 16 May 2025Cash raise · 2 May 2025Cash raise · 24 Apr 2025Cash raise · 11 Apr 2025Cash raise · 28 Mar 2025Cash raise · 21 Mar 2025Cash raise · 17 Mar 2025Cash raise · 3 Mar 2025Cash raise · 21 Feb 2025Cash raise · 17 Feb 2025Cash raise · 14 Feb 2025Cash raise · 7 Feb 2025Cash raise · 31 Jan 2025Cash raise · 10 Dec 2024

Cash runway

10.6 qtrs
More than four quarters of funding at the recent spend rate.
$9.1M 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.
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Issuance timeline

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

DateFormSecurityTotal on issue afterSource
2 July 20263G · unquotedAQD : ORDINARY FULLY PAID1.64BAppendix 3G
2 July 20262A · quoted issueAQD : ORDINARY FULLY PAID1.64BAppendix 2A
19 June 20262A · quoted issueAQD : ORDINARY FULLY PAID1.64BAppendix 2A
5 June 20262A · quoted issueAQD : ORDINARY FULLY PAID1.63BAppendix 2A
29 May 20262A · quoted issueAQD : ORDINARY FULLY PAID1.63BAppendix 2A
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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Capital raises

19 cash raises in the last 24 months · 1 in the last 12 months

$10.0M
Placement
4 Dec 2025 COMPLETE
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

35.1%
Total overhang · of current shares
18.9%
In the money · at current price
575.7M
Potential new shares
Nov 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.
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Director dealings

DateDirectorTypeSharesOptionsValueSource
12 Feb 2026Christopher EllisOther21.3M——3Y notice
12 Feb 2026Graeme DrewOther1.7M——3Y notice
3 June 2025Graeme DrewOther29.3M1.4M—3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
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Latest announcements

21 July 2026$PCangallo Diamond Drilling Update
7 July 2026$PCopper confirmed at Playa Kali
2 July 2026Application for quotation of securities - AQD
2 July 2026Notification regarding unquoted securities - AQD
25 June 2026$PCoober Pedy IOCG Drilling Update
19 June 2026Application for quotation of securities - AQD
10 June 2026$PDrilling Commences at Coober Pedy
5 June 2026Application for quotation of securities - AQD
4 June 2026$PDrilling update Playa Kali and Lantana
29 May 2026Application for quotation of securities - AQD
28 May 2026$PCangallo Diamond Drilling to Commence
8 May 2026Application for quotation of securities - AQD
5 May 2026$PCangallo Porphyry Copper Continues Growing
29 Apr 2026$PRC drilling commences at Playa Kali
27 Apr 2026$PQuarterly Activities and Cashflow Report
17 Apr 2026Application for quotation of securities - AQD
14 Apr 2026$PDrilling Imminent at Lantana and Playa Kali
24 Mar 2026$PDrilling re-commences at Cangallo
20 Mar 2026Application for quotation of securities - AQD
12 Mar 2026Half Year Financial Report

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