Companies / DEL

DELOREAN CORPORATION LIMITED

ASX:DELUtilities
253.0M shares on issueASX (delayed) · snapshot 11 Sept 2026298.4M fully diluted+17.9% if every option and right converts$0.085price · delayed$21.5Mmarket cap · indicative

Today’s holders own 84.8% of what they think they own, once every option and right converts.

Low
Dilution risk

Options/rights overhang 18% of shares; share count grew 15% in 24 months; 1 cash raise in 24 months

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runwayno data — latest quarter's spending was dominated by property, plant and equipment, so its cash flow is not a runway
Share-count growth (24m)14.9%
Raise cadence (24m)1 cash raise
Options & rights overhang17.9% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

DELOREAN CORPORATION LIMITED's ordinary share count grew 14.9% between September 2024 and May 2026, reaching 253M shares. The company undertook one capital raise in the past 24 months, a placement and share purchase plan in April 2026 that brought in A$2.9M. There are options on issue that could result in 45M new shares, representing 17.9% of the current share count, with the nearest expiry in November 2026; none of these are in the money. At the June 2026 quarter, the company reported a cash balance of A$-404K. No proposed securities issues are currently pending.

AI-generated summary of this page's cited filings · updated 11 Sept 2026
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17.9%
Options & rights overhang
0.0%
In-the-money supply
1
Raises · last 12 months
Cash cover · capital spending, not a runway

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 253.0M per ASX (delayed) (snapshot 11 Sept 2026).
220M230M240M250MDec 24Oct 25Sept 26Cash raise · 28 Apr 2026253.0M

Cash runway

The latest quarter’s spending was dominated by property, plant and equipment, so its cash flow does not describe a funding runway.
$-509k cash after burn from the quarter ended 30 June 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds. Filed with the quarterly report: $5.6M cash at quarter end (item 4.6). Our figure above carries the filed quarter-end balance forward at the reported spend rate and adds announced raise proceeds.
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9 quarters on record — 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)

DateFormSecurityOn issue, per this filingSource
15 June 20263H · cancellationDEL : ORDINARY FULLY PAID253.0MAppendix 3H
29 May 20262A · quoted issueDEL : ORDINARY FULLY PAID253.0MAppendix 2A
30 Apr 20263H · cancellationDEL : ORDINARY FULLY PAID220.3MAppendix 3H
30 Apr 20263H · cancellationDEL : ORDINARY FULLY PAID220.3MAppendix 3H
30 Apr 20262A · quoted issueDEL : ORDINARY FULLY PAID244.7MAppendix 2A
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17 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

$2.9M
Placement & Share Purchase Plan
28 Apr 2026
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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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3 dated events on record — 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.

About 27% of the 15% placement capacity left — about 73% used by Appendix 3B filings in the last 12 months (estimate, as at 2026-09-12). Holder-approved issues and any later ratification are not deducted, so the true headroom can be higher.
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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

17.9%
Options & rights overhang · of current shares
0.0%
In-the-money supply · at current price
45.4M
Potential new shares
Nov 2026
Nearest expiry
What this supply is, and what converts it
  • Price-triggered29.5M · 11.6% of shares
    Options and warrants — they convert when the share price clears their exercise price.
  • Condition-triggered15.9M · 6.3% of shares
    Performance and incentive rights — they convert when a hurdle is met, not at a price, and can lapse to nothing.

Exercise price on record: 29.5M priced, 15.9M where the filing never states one. A security with no exercise price is never counted in the money — nothing is paid to convert it, so there is no price for it to be above.

Each figure is the filing’s own count of securities, not a share count — a 2A never states what one security converts into.

What a price move would switch on
22.7M45.4M$0.085 now0.25× today ($0.021) — 0 of the priced supply in the money, 0.0% of shares on issue0.5× today ($0.043) — 0 of the priced supply in the money, 0.0% of shares on issue0.75× today ($0.064) — 0 of the priced supply in the money, 0.0% of shares on issue1× today ($0.085) — 0 of the priced supply in the money, 0.0% of shares on issue1.25× today ($0.106) — 0 of the priced supply in the money, 0.0% of shares on issue1.5× today ($0.128) — 24.0M of the priced supply in the money, 9.5% of shares on issue2× today ($0.170) — 25.5M of the priced supply in the money, 10.1% of shares on issue3× today ($0.255) — 29.5M of the priced supply in the money, 11.6% of shares on issue5× today ($0.425) — 29.5M of the priced supply in the money, 11.6% of shares on issue10× today ($0.850) — 29.5M of the priced supply in the money, 11.6% of shares on issue0.25×0.5×0.75×now1.25×1.5×10×

At $0.085 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until 1.5× today’s price, which takes it to 24.0M (9.5% of shares).

  • Priced supply in the money at the price on the axis — the curve, and the only thing on it. Ten prices, sampled: between two of them the true figure lies between the two.
  • 15.9M (35.0% of the supply above) states no exercise price at all. It cannot be called in or out of the money at any price, which is why it is hatched rather than plotted.
CodeSecurityTypeExercise priceExpiryOn issueSource
DELAEOptionsPrice-triggered$0.1430 Nov 20261.5MFiling
DELAFOptionsPrice-triggered$0.1313 Sept 202824.0MFiling
DELAIOptionsPrice-triggered$0.1813 Sept 20284.0MFiling
DELAAPerformance rightsCondition-triggered15.9MFiling 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.

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4 option lines 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
29 May 2026Hamish JollyBuy entitlement/SPP111k$10k3Y notice
29 May 2026Joseph OliverBuy entitlement/SPP111k$10k3Y notice
29 May 2026Steve GostlowBuy entitlement/SPP111k$10k3Y notice
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5 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.