EQUUS ENERGY LIMITED
ASX:EQUEnergyToday’s holders own 90.2% of what they think they own, once every option and right converts.
Not rated — listed too recently to rate
Listed too recently — there is not enough filing history to score yet. Not rated means no assessment — not low risk.
EQUUS ENERGY LIMITED has no share-issuance filings on record in the window, so no share-count change data is available. The company has not raised capital in the past 24 months. Options and rights on issue could convert into 22M new shares, equal to 10.8% of the current share count; 1% of shares are in the money, and the nearest expiry is December 2028. The company has more than 4 quarters of funding at the recent spend rate. No proposed securities issues are pending.
Quick answers · 2
How much cash does EQU have?
In its quarterly cash report for the quarter ended 30 Sept 2026, Equus Energy reported $11.8M of cash and estimated 6.3 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do EQU's options expire?
Unexercised options and rights equal 10.8% of Equus Energy's shares on issue; the nearest expiry is Dec 2028.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 3 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 |
|---|---|---|---|---|
| 14 Sept 2026 | 3G · unquoted | EQU : ORDINARY FULLY PAID | 114.6M | Appendix 3G |
| 8 July 2026 | 3G · unquoted | EQU : ORDINARY FULLY PAID | 114.6M | Appendix 3G |
| 10 Feb 2026 | 3G · unquoted | EQU : ORDINARY FULLY PAID | 114.6M | Appendix 3G |
Each filing states the count for the security it names, as at its own reference date and in the units of that filing — so the newest row (114.6M) need not equal the current count above (204.6M).
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
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
- Price-triggered13.2M · 6.5% of sharesOptions and warrants — they convert when the share price clears their exercise price.At least 9.7M of it states no exercise price — that much cannot be called in or out of the money.
- Condition-triggered9.0M · 4.4% of sharesPerformance and incentive rights — they convert when a hurdle is met, not at a price, and can lapse to nothing.
Exercise price on record: 3.5M priced (of which 2.0M in the money), 18.7M 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.
At $0.34 today, 2.0M securities are in the money (1.0% of shares on issue) — a floor, because an exercise price is on record for only 15.8% of this supply. No more priced supply until 1.25× today’s price, which takes it to 3.5M (1.7% 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.
- 18.7M (84.2% 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.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| EQUAC | Options | Price-triggered, no exercise price stated | — | 15 Dec 2028 | 5.0M | Filing |
| EQUAE | Options | Price-triggered | $0.20 | 15 Dec 2028 | 2.0M | Filing |
| — | Options | Price-triggered, no exercise price stated | — | 30 June 2029 | 1.6M | Filing |
| EQUAF | Options | Price-triggered | $0.40 | 6 July 2029 | 1.0M | Filing |
| — | Options | Price-triggered | $0.40 | 31 Dec 2029 | 500k | Filing |
| — | Options | Price-triggered, no exercise price stated | — | 30 June 2031 | 3.1M | Filing |
| EQUAD | Performance rights | Condition-triggered | — | — | 9.0M | Filing |
“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. For what expires soon across other listed companies, see the options expiry calendar.
Director dealings
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.