Companies / BAS

BASS OIL LIMITED

ASX:BASEnergy

367.0M shares on issueASX (delayed) · as of 28 July 2026$0.046price · delayed$18.0Mmarket cap · indicative

Dilution grade

Runway 2–4 quarters; share count grew 26% in 24 months; 4 cash raises in 24 months

Cash runway3.0 quarters of funding

Share-count growth (24m)26.4%

Raise cadence (24m)4 cash raises

Options & rights overhang91.7% of shares

In-the-money supply0.0% of shares

Pending proposed issuesnone

BASS OIL LIMITED's ordinary share count grew 26.4% between May 2024 and June 2026, to 367M shares. The company raised capital four times in that period for total disclosed proceeds of A$7.9M, most recently a A$3.0M placement in March 2026. Options and rights on issue could convert into 337M new shares, equal to 91.7% of the current share count, of which 0% are in the money at the current share price; the nearest expiry is May 2028. At the June 2026 quarter the company reported A$3.4M in available cash, about 3.0 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

91.7%

Max option dilution

0.0%

ITM option dilution

Raises · last 12 months

3.0 qtrs

Cash cover · 2–4 quarters

Shares on issue — last 2 years

Ordinary shares on issue

Weekly counts from ASX records. Dots mark cash capital raises. Latest count 367.0M per ASX (delayed) (28 July 2026).

Cash runway

3.0 qtrs

Two to four quarters of funding at the recent spend rate.

$3.4M available cash at quarter ended 30 June 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 30 June 2026.

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Issuance timeline

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

Date	Form	Security	Total on issue after	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

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

4 cash raises in the last 24 months · 2 in the last 12 months

$3.0M

Placement

11 Mar 2026 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

91.7%

Total overhang · of current shares

0.0%

In the money · at current price

336.7M

Potential new shares

May 2028

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

Date	Director	Type	Shares	Options	Value	Source
19 June 2025	LAURA ANN REED	Buy	136k	68k	—	3Y notice
19 June 2025	HECTOR MACKENZIE GORDON	Buy	519k	260k	—	3Y notice
19 June 2025	GIUSTINO GUGLIELMO	Other	5.6M	2.8M	—	3Y notice