Companies / EGR

ECOGRAF LIMITED

ASX:EGRMaterials
461.6M shares on issueASX (delayed) · snapshot 11 Sept 2026469.1M fully diluted+1.6% if every option and right converts$0.31price · delayed$143.1Mmarket cap · indicative

Today’s holders own 98.4% of what they think they own, once every option and right converts.

Moderate
Dilution risk

Runway under 2 quarters; 1 cash raise in 24 months; proposed issue pending

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runway0.8 quarters of funding
Share-count growth (24m)1.6%
Raise cadence (24m)1 cash raise
Options & rights overhang1.6% of shares
In-the-money supplyno data — no exercise price on record
Pending proposed issuesopen proposed issue (Appendix 3B)

ECOGRAF LIMITED's ordinary share count grew 1.6% between October 2024 and December 2025, reaching 462M shares. The company completed one capital raise in the past 24 months, a Share Purchase Plan in August 2026 that brought in A$2.0M. Options and rights on issue could convert to 7M new shares, representing 1.6% of the current share count, and none are currently in the money; no expiry date has been filed. As of June 2026, the company had A$1.9M in available cash, covering approximately 0.8 quarters of operations. Two proposed securities issues (Appendix 3B) are pending, with the nearest expected in October 2026.

AI-generated summary of this page's cited filings · updated 8 Sept 2026
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1.6%
Options & rights overhang
In-the-money supply · no stated strikes
1
Raises · last 12 months
0.8 qtrs
Cash cover · under 2 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 461.6M per ASX (delayed) (snapshot 11 Sept 2026).
455.0M457.5M460.0MDec 24Oct 25Sept 26Cash raise · 31 Aug 2026461.6M

Cash runway

0.8 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
The latest quarterly report funded operations to about Aug 2026 — that date has passed, and no later report is on record.
$1.8M 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: $3.8M cash at quarter end (item 4.6), 1.6 qtrs of funding on the company’s own estimate. Our figure above carries the filed quarter-end balance forward at the reported spend rate and adds announced raise proceeds.
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11 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
10 Apr 20263H · cancellationEGR : ORDINARY FULLY PAID461.6MAppendix 3H
8 Dec 20253H · cancellationEGR : ORDINARY FULLY PAID457.2MAppendix 3H
8 Dec 20252A · quoted issueEGR : ORDINARY FULLY PAID461.6MAppendix 2A
5 Nov 20252A · quoted issueEGR : ORDINARY FULLY PAID456.9MAppendix 2A
5 Nov 20252A · quoted issueEGR : ORDINARY FULLY PAID456.9MAppendix 2A
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12 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

$2.0M
Share Purchase Plan
31 Aug 2026 ACTIVE
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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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Retail offer

An offer existing holders can take part in — the one structural advantage retail has in a raise. Dated recently and not yet recorded as complete.

Share purchase plan
dated 31 Aug 2026 · 12 days ago

Closing dates are not in the filings this site holds. Check the company's own announcement below before acting on this.

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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2 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

2 proposed issues pending — Appendix 3B lodged, securities not yet issued. New shares from these issues are not in the counts above until quoted.
Paid plan
2 pending issues on record — Pending issue detail
Size, price, fees, broker and placement-capacity usage for each pending issue.
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Options & convertible securities

1.6%
Options & rights overhang · of current shares
In-the-money supply · no stated strikes
7.5M
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 7.5M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.

CodeSecurityTypeExercise priceExpiryOn issueSource
EGRASPerformance rightsCondition-triggered7.5MFiling 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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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
8 Dec 2025Andrew SpinksOther incentive1.8M3Y notice
8 Dec 2025John ConidiOther incentive1.3M3Y notice
8 Dec 2025Robert PettOther incentive1.3M3Y notice
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3 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.