EXCITE TECHNOLOGY SERVICES LTD
ASX:EXTSoftware & ServicesToday’s holders own 83.7% of what they think they own, once every option and right converts.
Share count grew 65% in 24 months; 10 cash raises in 24 months; options/rights overhang 20% of shares
EXCITE TECHNOLOGY SERVICES LTD's share count stands at 2.84B as of September 2026. The filed share-count series (Appendix 2A) does not cover the full 24-month window, so the percentage change over that period is not stated. The company raised capital 10 times in the past 24 months, for total disclosed proceeds of A$9.8M, most recently a A$3.5M placement in July 2026. Options and rights on issue could convert into 555M new shares, equal to 19.5% of the current share count; none are in the money, and the nearest expiry is September 2029. The latest cash report for the quarter ended September 2026 shows non‑negative net cash flow, so no funding‑runway estimate applies. No proposed securities issues are pending.
Quick answers · 3
When did EXT last raise capital?
The last capital raise in Excite Technology Services's filings is Placement of $3.5M announced 3 July 2026, one of 5 cash raises in 24 months.
How much placement capacity does EXT have left?
About 4% of the 15% placement capacity left, about 96% used in 12 months (estimate). Under ASX Listing Rule 7.1 a company may place up to 15% of its shares in 12 months without shareholder approval.
When do EXT's options expire?
Unexercised options and rights equal 19.5% of Excite Technology Services's shares on issue; the nearest expiry is Sept 2029.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 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 |
|---|---|---|---|---|
| 30 Sept 2026 | 2A · quoted issue | EXT : ORDINARY FULLY PAID | 2.76B | Appendix 2A |
| 30 Sept 2026 | 3G · unquoted | ORDINARY FULLY PAID | 2.68B | Appendix 3G |
| 30 Sept 2026 | 3G · unquoted | ORDINARY FULLY PAID | 2.68B | Appendix 3G |
| 18 Sept 2026 | 2A · quoted issue | EXT : ORDINARY FULLY PAID | 2.68B | Appendix 2A |
| 9 Sept 2026 | 2A · quoted issue | EXT : ORDINARY FULLY PAID | 2.68B | Appendix 2A |
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 (2.76B) need not equal the current count above (2.84B).
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
5 cash raises in the last 24 months · 2 in the last 12 months
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-triggered434.3M · 15.3% of sharesOptions and warrants — they convert when the share price clears their exercise price.At least 976k of it states no exercise price — that much cannot be called in or out of the money.
- Condition-triggered120.8M · 4.3% 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: 433.3M priced, 121.8M 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 $0.005 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until 3× today’s price, which takes it to 433.3M (15.3% 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.
- 121.8M (21.9% 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 |
|---|---|---|---|---|---|---|
| EXTAC | Options | Price-triggered | $0.010 | 9 Sept 2029 | 433.3M | Filing |
| EXTAH | Options | Price-triggered, no exercise price stated | — | — | 976k | Filing |
| EXTAL | Performance rights | Condition-triggered | — | — | 120.8M | 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.
- EXTAAconvertible notes4.1M30 Sept 2026 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 30 Sept 2026 | Bryan Saba | Other | 83.3M | 41.7M | — | — | 3Y notice |
| 16 June 2026 | Neil Sinclair | Other | 1.0M | — | 14.0M | — | 3Y notice |
| 27 Jan 2026 | Neil Sinclair | Other | 1.0M | — | 14.0M | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.