Companies / EMP

EMPEROR ENERGY LIMITED

ASX:EMPEnergy
1.01B shares on issueASX (delayed) · as of 28 July 2026$0.075price · delayed$76.9Mmarket cap · indicative
C
Dilution grade

Share count grew 164% in 24 months; 3 cash raises in 24 months; runway 4–8 quarters

Cash runway5.3 quarters of funding
Share-count growth (24m)163.7%
Raise cadence (24m)3 cash raises
Options & rights overhang5.6% of shares
In-the-money supply1.5% of shares
Pending proposed issuesnone

EMPEROR ENERGY LIMITED's ordinary share count grew 163.7% between April 2024 and July 2026, to 1.01B shares. The company raised capital three times in that period for total disclosed proceeds of A$38.7M, most recently a Placement that raised A$17.5M in March 2026. Options and rights on issue could convert into 56M new shares, equal to 5.6% of the current share count, of which 2% are in the money at the current share price; the nearest expiry is November 2027. At the March 2026 quarter the company reported A$15.9M in cash, covering 5.3 quarters at its recent spending rate. No proposed securities issues (Appendix 3B) are pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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5.6%
Max option dilution
1.5%
ITM option dilution
2
Raises · last 12 months
5.3 qtrs
Cash cover · over 4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 1.01B per ASX (delayed) (28 July 2026).
670.6M795.6M920.7MDec 24Sept 25July 26Cash raise · 10 Mar 2026Cash raise · 10 Mar 2026Cash raise · 7 July 2025

Cash runway

5.3 qtrs
More than four quarters of funding at the recent spend rate.
$15.9M available cash at quarter ended 31 Mar 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds.
Paid plan
Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 31 Mar 2026.
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Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
22 July 20263G · unquotedEMP : ORDINARY FULLY PAID976.3MAppendix 3G
22 July 20262A · quoted issueEMP : ORDINARY FULLY PAID1.01BAppendix 2A
19 Mar 20262A · quoted issueEMP : ORDINARY FULLY PAID976.3MAppendix 2A
2 Dec 20253G · unquotedEMP : ORDINARY FULLY PAID830.4MAppendix 3G
2 Dec 20253G · unquotedEMP : ORDINARY FULLY PAID830.4MAppendix 3G
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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Capital raises

3 cash raises in the last 24 months · 2 in the last 12 months

$17.5M
Placement
10 Mar 2026 COMPLETE
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

5.6%
Total overhang · of current shares
1.5%
In the money · at current price
56.5M
Potential new shares
Nov 2027
Nearest expiry
Paid plan
Per-line options & expiry cliffs
Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.
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Director dealings

DateDirectorTypeSharesOptionsValueSource
23 July 2026Timothy HandleyOther35.0M10.0M$2.7M3Y notice
1 Dec 2025Carl DumbrellOther—5.0M$82k3Y notice
1 Dec 2025Nigel HarveyOther—5.0M$82k3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

Free account
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

22 July 2026Change of Director's Interest Notice
22 July 2026Cleansing Statement
22 July 2026Notification regarding unquoted securities - EMP
22 July 2026Application for quotation of securities - EMP
22 July 2026Proposed issue of securities - EMP
10 June 2026Results of Meeting
4 June 2026$PTechnical Update - Judith-2 Appraisal Well
8 May 2026Notice of General Meeting/Proxy Form
7 May 2026Change in substantial holding
30 Apr 2026Corrected Web-Link to the EMP Gas Market Review Submission
30 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
23 Mar 2026UBS MID & EMERGING RESOURCES CONFERENCE MARCH 2026
19 Mar 2026Cleansing Statement
19 Mar 2026Application for quotation of securities - EMP
16 Mar 2026Half Yearly Report and Accounts
13 Mar 2026Proposed issue of securities - EMP
13 Mar 2026$PSuccessful $17.5M Placement
10 Mar 2026$PTrading Halt
10 Mar 2026$PPause in Trading
6 Mar 2026$PApproval Extension of Primary Term of VIC/P47

Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.