Companies / CWP

CEDAR WOODS PROPERTIES LIMITED

ASX:CWPReal Estate Management & Development
85.5M shares on issueASX (delayed) · snapshot 11 Sept 202686.2M fully diluted+0.9% if every option and right converts$6.55price · delayed$559.9Mmarket cap · indicative

Today’s holders own 99.1% of what they think they own, once every option and right converts.

Minimal
Dilution risk

1 cash raise in 24 months

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runwayno data — not a quarterly (4C/5B) cash filer
Share-count growth (24m)3.6%
Raise cadence (24m)1 cash raise
Options & rights overhang0.9% of shares
In-the-money supplyno data — no exercise price on record
Pending proposed issuesnone

CEDAR WOODS PROPERTIES LIMITED's ordinary share count grew 3.6% between August 2024 and August 2026, reaching 85M shares. In the past 24 months, the company completed one capital raise totalling A$11.3M, through a dividend reinvestment plan/bonus share plan in October 2025. Options and rights on issue could convert into 768,019 new shares, representing 0.9% of the current share count, with none in the money at the current share price. No expiry date for these options has been filed on record. The company has not lodged a current quarterly cash report, so no cash balance or funding runway figure is disclosed on that basis. No proposed securities issues are pending.

AI-generated summary of this page's cited filings · updated 1 Sept 2026
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0.9%
Options & rights overhang
In-the-money supply · no stated strikes
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 85.5M per ASX (delayed) (snapshot 11 Sept 2026).
83M84M85MDec 24Oct 25Sept 26Cash raise · 10 Oct 202585.5M

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)

DateFormSecurityOn issue, per this filingSource
31 Aug 20263H · cancellationCWP : ORDINARY FULLY PAID85.1MAppendix 3H
31 Aug 20263G · unquotedCWP : ORDINARY FULLY PAID85.1MAppendix 3G
31 Aug 20262A · quoted issueCWP : ORDINARY FULLY PAID85.5MAppendix 2A
10 July 20263H · cancellationCWP : ORDINARY FULLY PAID85.1MAppendix 3H
2 Apr 20263H · cancellationCWP : ORDINARY FULLY PAID85.1MAppendix 3H
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23 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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Capital raises

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

$11.3M
Dividend Reinvestment Plan / Bonus Share Plan (DRP/BSP)
10 Oct 2025 COMPLETE
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1 raise on record — Full raise history
Issue price, shares issued, brokers and stated purpose for every raise on record.
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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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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 allows 15% of ordinary securities in any 12 months, and every Appendix 3B states how much of it an issue uses.

No Appendix 3B in the last 12 months reports an issue under the 15% placement capacity (as at 2026-09-12).
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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

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

0.9%
Options & rights overhang · of current shares
In-the-money supply · no stated strikes
768k
Potential new shares
Nearest expiry
What a price move would switch on

No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 768k of it converts on something else — a hurdle that may never be met, or terms the filing does not price.

CodeSecurityTypeExercise priceExpiryOn issueSource
CWPAEPerformance rightsCondition-triggered768kFiling Meeting

“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.

A condition-triggered class has no exercise price and usually no expiry: what it vests on is set by a shareholder resolution, not by the register. Where the company lodged a notice of meeting before the class first appears here, it is linked as “Meeting” — that is where terms of this kind are put to shareholders. It is not confirmation that the document sets this class’s conditions, and no link appears where there is no such filing.

1 class ceased in the last 12 months and is not counted above
The company’s own Appendix 2A restates each of these at zero. They are excluded from the overhang, the in-the-money supply and every figure on this page. Each count is the filing’s own count of securities in the class, not a share count — a 2A never states what one security converts into.
  • CWPAKPrice-triggered36k securities → 031 Aug 2026 Appendix 2A
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1 option line 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
31 Aug 2026Nathan John BlackburneOther incentive198k3Y notice
22 June 2026William George HamesBuy off-market16k3Y notice
7 Apr 2026William George HamesBuy on-market85k3Y notice
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16 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 12 Sept 2026.