Companies / BTE

BOTALA ENERGY LTD

ASX:BTEEnergy

390.2M shares on issueASX (delayed) · as of 28 July 2026$0.051price · delayed$19.5Mmarket cap · indicative

Dilution grade

Runway under 2 quarters; share count grew 94% in 24 months; 8 cash raises in 24 months

Cash runway0.6 quarters of funding

Share-count growth (24m)94.2%

Raise cadence (24m)8 cash raises

Options & rights overhang17.3% of shares

In-the-money supply0.0% of shares

Pending proposed issuesnone

BOTALA ENERGY LTD's ordinary share count rose 94.2% between July 2024 and April 2026, to 366M shares. The company disclosed eight capital raises in that 24-month window with total confirmed proceeds of A$9.4M, most recently raising A$1.4M in April 2026. Options and rights on issue could convert into 68M new shares, equal to 17.3% of the current share count, with 0% of current shares in the money and the nearest expiry in December 2027. At the March 2026 quarter the company reported A$888K in available cash, equivalent to 0.6 quarters of funding at its recent burn rate. No proposed securities issues (Appendix 3B) are pending.

AI-generated summary of this page's cited filings · updated 28 July 2026

17.3%

Max option dilution

0.0%

ITM option dilution

Raises · last 12 months

0.6 qtrs

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. Latest count 390.2M per ASX (delayed) (28 July 2026).

Cash runway

0.6 qtrs

Less than two quarters of funding at the recent spend rate — near-term funding pressure.

$888k 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)

Date	Form	Security	Total on issue after	Source
14 July 2026	3G · unquoted	BTE : ORDINARY FULLY PAID	390.2M	Appendix 3G
20 Apr 2026	2A · quoted issue	BTE : ORDINARY FULLY PAID	366.0M	Appendix 2A
17 Apr 2026	2A · quoted issue	BTE : ORDINARY FULLY PAID	361.2M	Appendix 2A
17 Apr 2026	3G · unquoted	BTE : ORDINARY FULLY PAID	337.0M	Appendix 3G
13 Mar 2026	2A · quoted issue	BTE : ORDINARY FULLY PAID	337.0M	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

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

$1.4M

Capital raise

19 Apr 2026

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

17.3%

Total overhang · of current shares

0.0%

In the money · at current price

67.6M

Potential new shares

Dec 2027

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
17 Apr 2026	Wolf-Gerhard Martinick	Other	104.9M	12.9M	$1.2M	3Y notice
17 Apr 2026	Craig Basson	Other	432k	216k	$22k	3Y notice
17 Apr 2026	Peter Desmond Grant	Other	300k	150k	$15k	3Y notice