Companies / DWG

DATAWORKS GROUP LIMITED

ASX:DWGSoftware & Services
103.1M shares on issueASX (delayed) · snapshot 11 Sept 2026126.1M fully diluted+22.4% if every option and right converts$0.15price · delayed$15.5Mmarket cap · indicative

Today’s holders own 81.7% of what they think they own, once every option and right converts.

Minimal
Dilution riskprovisional — limited history

Options/rights overhang 22% of shares; since relisting as DWG; prior history under IXU not included

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runwaycash-generative (no net burn)
Share-count growth (24m)0.8%since relisting as DWG; prior history under IXU not included
Raise cadence (24m)0 cash raisessince relisting as DWG; prior history under IXU not included
Options & rights overhang22.4% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

DATAWORKS GROUP LIMITED underwent an approximately 1-for-20 share consolidation in March 2025 and now trades as DWG, with all reported figures covering the period since that date. Its ordinary share count grew 0.8% between April 2025 and October 2025, reaching 103M shares. No capital raises have occurred in the 24-month window. Options and rights on issue could convert into 23M new shares, representing 22.4% of the current share count, with the nearest expiry in September 2026; none are currently in the money. At the June 2026 quarter, the company reported A$1.0M in available cash, and disclosed non-negative net cash flow for the period, meaning no funding-runway figure applies. No proposed securities issues are pending.

AI-generated summary of this page's cited filings · updated 7 Sept 2026
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22.4%
Options & rights overhang
0.0%
In-the-money supply
0
Raises · last 12 months
No net burn
Cash cover · cash-generative

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Shown since relisting as DWG (17 Mar 2025); prior history under IXU is not included. Adjusted for the 1-for-20 consolidation (31 Mar 2025). Latest count 103.1M per ASX (delayed) (snapshot 11 Sept 2026).
102.25M102.50M102.75M103.00MMar 25Dec 25Sept 261-for-20 consolidation103.1M

Cash runway

The latest quarterly report shows no net cash burn, so there is no cash-out date.
$1.0M 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: $601k 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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6 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
30 June 20263H · cancellationDWG : ORDINARY FULLY PAID103.1MAppendix 3H
30 Dec 20253G · unquotedORDINARY FULLY PAID103.1MAppendix 3G
21 Dec 20253H · cancellationDWG : ORDINARY FULLY PAID103.1MAppendix 3H
3 Oct 20253H · cancellationDWG : ORDINARY FULLY PAID103.1MAppendix 3H
1 Oct 20252A · quoted issueDWG : ORDINARY FULLY PAID103.1MAppendix 2A
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10 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

No equity raises on record since relisting as DWG (17 Mar 2025); prior history under IXU is not included.
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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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4 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.

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

22.4%
Options & rights overhang · of current shares
0.0%
In-the-money supply · at current price
23.1M
Potential new shares
Sept 2026
Nearest expiry
What this supply is, and what converts it
  • Price-triggered20.6M · 20.0% of shares
    Options and warrants — they convert when the share price clears their exercise price.
  • Condition-triggered2.5M · 2.4% 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: 20.6M priced, 2.5M 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
11.5M23.1M$0.15 now0.25× today ($0.04) — 0 of the priced supply in the money, 0.0% of shares on issue0.5× today ($0.07) — 0 of the priced supply in the money, 0.0% of shares on issue0.75× today ($0.11) — 0 of the priced supply in the money, 0.0% of shares on issue1× today ($0.15) — 0 of the priced supply in the money, 0.0% of shares on issue1.25× today ($0.19) — 0 of the priced supply in the money, 0.0% of shares on issue1.5× today ($0.22) — 0 of the priced supply in the money, 0.0% of shares on issue2× today ($0.30) — 0 of the priced supply in the money, 0.0% of shares on issue3× today ($0.45) — 8.9M of the priced supply in the money, 8.6% of shares on issue5× today ($0.75) — 20.6M of the priced supply in the money, 20.0% of shares on issue10× today ($1.50) — 20.6M of the priced supply in the money, 20.0% of shares on issue0.25×0.5×0.75×now1.25×1.5×10×

At $0.15 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until today’s price, which takes it to 8.9M (8.6% 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.
  • 2.5M (10.8% 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
DWGAZOptionsPrice-triggered$0.4018 Sept 20268.9MFiling
DWGAWOptionsPrice-triggered$0.6031 May 20277.9MFiling
DWGAYOptionsPrice-triggered$0.6013 Nov 20272.0MFiling
DWGAAOptionsPrice-triggered$0.6018 Mar 20281.8MFiling
DWGAFPerformance rightsCondition-triggered2.5MFiling

“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.

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5 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
4 Sept 2025Ian PenroseSell3Y notice
4 Sept 2025Julian BabarczySell19k3Y notice
9 Apr 2025Freya SmithSell4.8M3Y notice
9 Apr 2025Ian PenroseSell3Y notice
9 Apr 2025Julian BabarczySell3Y notice
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6 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.