Companies / BWN

BHAGWAN MARINE LIMITED

ASX:BWNTransportation
397.2M shares on issueASX (delayed) · as of 28 July 2026$0.28price · delayed$109.2Mmarket cap · indicative
B
Dilution gradeprovisional — limited history

Share count grew 26% in 24 months; 1 cash raise in 24 months

Cash runwayno data — not a quarterly (4C/5B) cash filer
Share-count growth (24m)26.0%
Raise cadence (24m)1 cash raise
Options & rights overhang1.7% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

BHAGWAN MARINE LIMITED's ordinary share count grew 26.0% between February 2026 and March 2026, to 397M shares. The company raised capital once in the 24‑month window for total proceeds of A$30.0M, with the most recent raise recorded in February 2026 for A$30.0M. Options and rights on issue could convert into 7M new shares, equal to 1.7% of the current share count, with the nearest expiry in July 2027 and 0% in the money. The company does not have a current quarterly cash report on record, so no quarterly cash balance or funding-runway figure is disclosed. 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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1.7%
Max option dilution
0.0%
ITM option dilution
1
Raises · last 12 months
—
Cash cover · not a quarterly filer

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 397.2M per ASX (delayed) (28 July 2026).
300.8M336.2M371.5MDec 24Sept 25July 26Cash raise · 4 Feb 2026

Cash runway

Not a quarterly cash filer. This company does not lodge Appendix 4C/5B quarterly cash reports, so cash runway does not apply.

Issuance timeline

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

DateFormSecurityTotal on issue afterSource
20 July 20263H · cancellationBWN : ORDINARY FULLY PAID397.2MAppendix 3H
31 Mar 20262A · quoted issueBWN : ORDINARY FULLY PAID397.2MAppendix 2A
16 Feb 20262A · quoted issueBWN : ORDINARY FULLY PAID315.2MAppendix 2A
4 Nov 20253G · unquotedBWN : ORDINARY FULLY PAID275.2MAppendix 3G
7 Oct 20253G · unquotedORDINARY FULLY PAID275.2MAppendix 3G
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

1 cash raise in the last 24 months · 1 in the last 12 months

$30.0M
Capital raise
4 Feb 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

1.7%
Total overhang · of current shares
0.0%
In the money · at current price
6.9M
Potential new shares
July 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

DateDirectorTypeSharesOptionsValueSource
4 June 2026Loui KannikoskiBuy352k—$100k3Y notice
14 May 2026Andrew WackettBuy75k—$25k3Y notice
14 May 2026Loui KannikoskiBuy461k—$152k3Y 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

20 July 2026Notification of cessation of securities - BWN
10 July 2026Change of Share Registry Details
4 June 2026Form 604 Change of Interests Substantial Holder - Kannikoski
4 June 2026Change of Director's Interest Notice - L.Kannikoski
19 May 2026Form 604 Change of Interests Substantial Holder - Kannikoski
19 May 2026Change of Director's Interest Notice - L.Kannikoski
14 May 2026Change of Director's Interest Notice - A.Wackett
14 May 2026Change of Interests of Substantial Holder - Velrosso Pty Ltd
11 May 2026$PBhagwan Marine Trading Update
31 Mar 2026Becoming a substantial holder
31 Mar 2026$PCompletion of Riverside Marine Acquisition
31 Mar 2026Becoming a substantial holder - Escrowed Shares
31 Mar 2026Form 604 Change of Interests Substantial Holder - Kannikoski
31 Mar 2026Form 604 Change of Interests Substantial Holder - Wooles
31 Mar 2026Change of Director's Interest Notice - A.Wooles
31 Mar 2026Change of Director's Interest Notice - L.Kannikoski
31 Mar 2026Change of Director's Interest Notice - A.Wackett
31 Mar 2026Change of Director's Interest Notice - T.Horton
31 Mar 2026Cleansing Notice Under Section 708A(5)(e)
31 Mar 2026Application for quotation of securities - BWN

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