BASS OIL LIMITED
ASX:BASEnergyToday’s holders own 88.8% of what they think they own, once every option and right converts.
Runway 2–4 quarters; share count grew 26% in 24 months; 3 cash raises in 24 months
BASS OIL LIMITED's ordinary share count grew 26.4% between May 2024 and June 2026, reaching 367M shares. In the past 24 months, the company raised capital three times for total disclosed proceeds of A$4.9M, with the most recent being a A$3.0M placement in March 2026. Options and rights on issue could convert into 46M new shares, representing 12.6% of the current share count, with no options currently in the money; the nearest expiry date is May 2028. As of the June 2026 quarter, the company reported A$2.8M in available cash, sufficient for approximately 2.5 quarters of operations. 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 |
|---|---|---|---|---|
| 23 June 2026 | 2A · quoted issue | BAS : ORDINARY FULLY PAID | 367.0M | Appendix 2A |
| 23 Mar 2026 | 2A · quoted issue | BAS : ORDINARY FULLY PAID | 367.0M | Appendix 2A |
| 19 June 2025 | 2A · quoted issue | BAS : ORDINARY FULLY PAID | 319.4M | Appendix 2A |
| 10 Oct 2024 | 3G · unquoted | BAS Fully Paid Ordinary Shares | 290.5M | Appendix 3G |
| 10 Oct 2024 | 2A · quoted issue | BAS Fully Paid Ordinary Shares | 290.5M | Appendix 2A |
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
No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 46.2M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| BASO | Options | Price-triggered | — | 31 May 2028 | 14.5M | Filing |
| BASOD | Options | Price-triggered | — | 23 June 2028 | 31.7M | 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.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 19 June 2025 | GIUSTINO GUGLIELMO | Other entitlement/SPP | 5.6M | 2.8M | — | — | 3Y notice |
| 19 June 2025 | HECTOR MACKENZIE GORDON | Buy entitlement/SPP | 519k | 260k | — | — | 3Y notice |
| 19 June 2025 | LAURA ANN REED | Buy entitlement/SPP | 136k | 68k | — | — | 3Y notice |
| 19 June 2025 | MARK LLEWELLYN LINDH | Other entitlement/SPP | 582k | 291k | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.