Companies / AXP

AXP ENERGY LIMITED

ASX:AXPEnergy
449.7M shares on issueASX (delayed) · snapshot 28 Oct 2026487.5M fully diluted+8.4% if every option and right converts$0.004price · delayed$1.8MMarket capAt the previous close. On a day the price moves, shares × today’s price will differ. Prices delayed.

Today’s holders own 92.2% of what they think they own, once every option and right converts.

Very high
Dilution risk

Runway under 2 quarters; share count grew 71% in 24 months; 6 cash raises in 24 months

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runwaycash used up at the reported spend rate
Share-count growth (24m)71.0%
Raise cadence (24m)6 cash raises
Options & rights overhang8.4% of shares
In-the-money supply0.0% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

AXP ENERGY LIMITED undertook a 1-for-25 share consolidation in October 2025. Between February 2025 and March 2026, its latest share‑count filing, ordinary shares grew 71.0% on an adjusted basis to 450M. In the past 24 months the company raised capital six times for total disclosed proceeds of A$8.3M, most recently a A$2.2M entitlement offer in October 2026. Options and rights on issue could convert into 38M new shares, equal to 8.4% of the current share count, with no portion in‑the‑money and the nearest expiry in October 2027. Up‑to‑date cash from the June 2026 quarter, if any, has been exhausted at the reported spend rate and no later cash report is on record, so no funding‑runway figure applies. One proposed securities issue is pending with an expected date in November 2026.

AI-generated summary of this page's cited filings · updated 17 Oct 2026
Quick answers · 4

Is AXP raising capital?

AXP Energy has 1 proposed issue of securities pending under Appendix 3B as at 28 Oct 2026; the most recent raise announced is Entitlement Offer of $2.2M on 12 Oct 2026.

How much placement capacity does AXP have left?

About 18% of the 15% placement capacity left, about 82% used in 12 months (estimate). Under ASX Listing Rule 7.1 a company may place up to 15% of its shares in 12 months without shareholder approval.

How much cash does AXP have?

In its quarterly cash report for the quarter ended 30 June 2026, AXP Energy reported $89k of cash and estimated 0.2 quarters of funding available at its current rate of spending. That is the company's own estimate.

When do AXP's options expire?

Unexercised options and rights equal 8.4% of AXP Energy's shares on issue; the nearest expiry is Oct 2027.

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8.4%
Options & rights overhang
0.0%
In the moneyAn option whose exercise price is below the last closing share price, so converting it pays. These are the options most likely to become new shares soon. supply
3
Raises · last 12 months
Used up
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. Adjusted for the 1-for-25 consolidation (8 Oct 2025). Latest count 449.7M per ASX (delayed) (snapshot 28 Oct 2026).
250M300M350M400M450MDec 24Nov 25Oct 261-for-25 consolidationCash raise · 12 Oct 2026Cash raise · 9 Mar 2026Cash raise · 9 Mar 2026Cash raise · 11 Aug 2025Cash raise · 28 May 2025Cash raise · 4 Feb 2025449.7M

Cash runway

Used up OURS
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
At the reported spend rate the cash would have run out around July 2026, and no later report is on record.
FILED 0.2 qtrs · $89k cash · quarter ended 30 June 2026
OURS our estimate, carried to todayOURSOur estimate for today. We take the cash in the company’s latest cash report, deduct spending since at its reported rate, and, for quarterly filers, add raises announced after it. It moves daily; announced money may not all be received yet.FILED as the company reportedFILEDAs the company stated it in its latest cash report. Dated to the end of that period, it does not change until the next report.
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11 cash reports on record — Cash runway history
Cash, net spend and cover trend from every Appendix 4C/5B and 4D/4E on record up to 30 June 2026.
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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)

DateFormSecurityOn issue, per this filingSource
16 Mar 20262A · quoted issueAXP : ORDINARY FULLY PAID449.7MAppendix 2A
29 Oct 20252A · quoted issueAXP : ORDINARY FULLY PAID375.9MAppendix 2A
20 Aug 20252A · quoted issueAXP : ORDINARY FULLY PAID8.36BAppendix 2A
28 May 20252A · quoted issueAXP : ORDINARY FULLY PAID6.68BAppendix 2A
28 May 20253H · cancellationAXP : ORDINARY FULLY PAID6.57BAppendix 3H
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7 filings on record — Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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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.

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Securities on issue, by class
How the share count and each option and rights class moved, month by month, with every number in a table.
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Capital raises

6 cash raises in the last 24 months · 3 in the last 12 months

every 5.1 monthsaverage gap between raises
0.5 monthssince the most recent
4 Feb 2025 – 12 Oct 2026first to most recent in this window
$2.2M
Entitlement Offer
At 0.50c, at the last close
12 Oct 2026 ACTIVE
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7 raises on record — Full raise history
Issue price, shares issued, brokers and stated purpose for every raise on record.
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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.

Entitlement offer
dated 13 Oct 2026 · 15 days ago

Closing dates are not in the filings this site holds. Check the company's own announcement below before acting on this.

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Offer terms
The offer price, and how it compares with the last traded price.
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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.

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3 dated events on record — Forward supply calendar
Option expiries and proposed issues on one forward timeline, with the securities each could add.
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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.

About 18% of the 15% placement capacity left — about 82% used by Appendix 3B filings in the last 12 months (estimate, as at 2026-10-28). Shares issued with holder approval are not added to the base, so the true headroom can be higher.
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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.
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Pending proposed issues

1 proposed issue pending — Appendix 3B lodged, securities not yet issued. New shares from these issues are not in the counts above until quoted.
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1 pending issue on record — Pending issue detail
Size, price, fees, broker and placement-capacity usage for each pending issue.
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Options & convertible securities

8.4%
Options & rights overhang · of current shares
0.0%
In-the-money supply · at current price
37.8M
Potential new shares
Oct 2027
Nearest expiry
What a price move would switch on
18.9M37.8M$0.004 now0.25× today ($0.001) — 0 of the priced supply in the money, 0.0% of shares on issue0.5× today ($0.002) — 0 of the priced supply in the money, 0.0% of shares on issue0.75× today ($0.003) — 0 of the priced supply in the money, 0.0% of shares on issue1× today ($0.004) — 0 of the priced supply in the money, 0.0% of shares on issue1.25× today ($0.005) — 0 of the priced supply in the money, 0.0% of shares on issue1.5× today ($0.006) — 0 of the priced supply in the money, 0.0% of shares on issue2× today ($0.008) — 0 of the priced supply in the money, 0.0% of shares on issue3× today ($0.012) — 0 of the priced supply in the money, 0.0% of shares on issue5× today ($0.020) — 0 of the priced supply in the money, 0.0% of shares on issue10× today ($0.040) — 0 of the priced supply in the money, 0.0% of shares on issue0.25×0.5×0.75×now1.25×1.5×2×3×5×10×

At $0.004 today, 0 securities are in the money (0.0% of shares on issue). No price up to ten times today’s switches on any more priced supply.

  • 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.
  • 37.8M more carries an exercise price above ten times today’s — off the right of this axis, and in every total on this page.
CodeSecurityTypeExercise priceExpiryOn issueSource
AXPAKOptionsPrice-triggered$0.05013 Oct 202736.0MFiling
AXPAJOptionsPrice-triggered$0.07527 May 20281.8MFiling

“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.

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2 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.
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Director dealings

DateDirectorTypeSharesOptionsOtherValueSource
27 Oct 2025James DackOther500k———3Y notice
14 Oct 2025Dan LanskeyOther————3Y notice
14 Oct 2025James DackOther————3Y notice
14 Oct 2025Samuel McCann JarvisOther————3Y notice
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7 notices on record — Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

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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

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