DUXTON FARMS LTD
ASX:DBFFood, Beverage & TobaccoRunway under 2 quarters; share count grew 154% in 24 months; 3 cash raises in 24 months
DUXTON FARMS LTD's ordinary share count grew 154.4% between July 2024 and November 2025, its latest share-count filing, to 107M shares. The company raised capital three times in the 24-month window for total disclosed proceeds of A$17.4M, most recently a Non-renounceable Entitlement Issue (Convertible Notes) in August 2026 raising A$6.6M. The company's June 2026 quarterly report states a zero or negative cash balance, so no funding-runway figure applies. No options or rights are disclosed in the filings examined. No proposed securities issues are pending.
Quick answers · 4
When did DBF last raise capital?
The last capital raise in Duxton Farms's filings is Non-renounceable Entitlement Issue (Convertible Notes) of $6.6M announced 28 Aug 2026, one of 3 cash raises in 24 months.
How much placement capacity does DBF have left?
About 82% of the 15% placement capacity left, about 18% used in 12 months (estimate). Under ASX Listing Rule 7.1 a company may place up to 15% of its shares in 12 months without shareholder approval.
How much cash does DBF have?
In its quarterly cash report for the quarter ended 30 June 2026, Duxton Farms reported $-13.3M of cash and estimated 1.2 quarters of funding available at its current rate of spending. That is the company's own estimate.
How much has DBF's share count grown?
Duxton Farms has 107.1M shares on issue as at 28 Oct 2026, up 154.4% over 24 months according to its Appendix 2A filings.
Shares on issue — last 2 years
Cumulative figures as stated by the company on its daily notice. Latest notice
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2AThe form a company lodges to have new securities quoted on the ASX. It restates how many of each class are on issue. quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 1 Oct 2026 | 3G · unquoted | ORDINARY FULLY PAID | 107.1M | Appendix 3G |
| 28 Nov 2025 | 2A · quoted issue | DBF : ORDINARY FULLY PAID | 107.1M | Appendix 2A |
| 31 Oct 2025 | 2A · quoted issue | DBF : ORDINARY FULLY PAID | 106.1M | Appendix 2A |
| 30 Oct 2025 | 2A · quoted issue | DBF : ORDINARY FULLY PAID | 102.4M | Appendix 2A |
| 30 Oct 2025 | 2A · quoted issue | DBF : ORDINARY FULLY PAID | 45.4M | Appendix 2A |
Securities on issue over time
Ordinary shares and every option and rights class, month by month over two years. The top edge is the fully diluted count.
Capital raises
3 cash raises in the last 24 months · 2 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 / 7.1ARule 7.1 lets a company issue up to 15% of its shares in 12 months without a shareholder vote. Rule 7.1A adds 10% for smaller companies whose holders approve it. allows 15% of ordinary securities in any 12 months, and every Appendix 3BNotice that a company proposes to issue new securities, such as a placement. The securities are not on issue until a later filing confirms it. states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 1 Oct 2026 | Edouard Peter | Other | 3.0M | 1.3M | — | $1.3M | 3Y notice |
| 1 Oct 2026 | Stephen Duerden | Other entitlement/SPP | 422k | 22k | — | — | 3Y notice |
| 27 Aug 2026 | Stephen Duerden | Other off-market | 244k | — | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.