FORESTA GROUP HOLDINGS LIMITED
ASX:FGHMaterialsToday’s holders own 92.3% of what they think they own, once every option and right converts.
Runway 2–4 quarters; share count grew 21% in 24 months; 3 cash raises in 24 months
FORESTA GROUP HOLDINGS LIMITED's ordinary share count grew 21.3% between May 2024 and March 2026, its latest share-count filing, to 2.86B shares. The company raised capital three times in that period for total disclosed proceeds of A$3.5M, most recently a A$308K placement in October 2025. Options and rights on issue could convert into 240M new shares, equal to 8.4% of the current share count, none of which are in the money at the current share price; the nearest expiry falls in December 2026. The company has 2 to 4 quarters of funding at the recent spend rate. No proposed securities issues are currently pending.
Quick answers · 5
When did FGH last raise capital?
The last capital raise in Foresta Group Holdings's filings is Placement of $308k announced 23 Oct 2025, one of 3 cash raises in 24 months.
How much placement capacity does FGH have left?
None of the 15% placement capacity counted as used in the last 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.
How much cash does FGH have?
In its quarterly cash report for the quarter ended 30 Sept 2026, Foresta Group Holdings reported $2.5M of cash and estimated 2.7 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do FGH's options expire?
Unexercised options and rights equal 8.4% of Foresta Group Holdings's shares on issue; the nearest expiry is Dec 2026.
How much has FGH's share count grown?
Foresta Group Holdings has 2.86B shares on issue as at 28 Oct 2026, up 21.3% over 24 months according to its Appendix 2A filings.
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 |
|---|---|---|---|---|
| 11 Mar 2026 | 2A · quoted issue | FGH : ORDINARY FULLY PAID | 2.86B | Appendix 2A |
| 12 Feb 2026 | 2A · quoted issue | FGH : ORDINARY FULLY PAID | 2.86B | Appendix 2A |
| 6 Feb 2026 | 3H · cancellation | FGH : ORDINARY FULLY PAID | 2.86B | Appendix 3H |
| 2 Feb 2026 | 3H · cancellation | FGH : ORDINARY FULLY PAID | 2.85B | Appendix 3H |
| 2 Feb 2026 | 2A · quoted issue | FGH : ORDINARY FULLY PAID | 2.86B | Appendix 2A |
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
3 cash raises in the last 24 months · 0 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
At $0.011 today, 0 securities are in the money (0.0% of shares on issue). At double today’s price it is 229.3M (8.0% 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.
- 10.5M (4.4% 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 |
|---|---|---|---|---|---|---|
| FGHAAL | Options | Price-triggered | $0.020 | 4 Dec 2026 | 213.3M | Filing |
| FGHAB | Options | Price-triggered | $0.020 | 6 Feb 2027 | 16.0M | Filing |
| FGHAAJ | Options | Price-triggered, no exercise price stated | — | — | 10.5M | 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.
- FGHACconvertible notes2.0M11 Mar 2026 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 18 May 2026 | Russell Allen | Other off-market | 51.7M | — | — | — | 3Y notice |
| 25 Feb 2026 | Russell Allen | Other off-market | 51.7M | — | 2.0M | — | 3Y notice |
| 31 Dec 2025 | Maurizio (Maurice) Fabiani | Sell | 67.0M | 42.0M | — | — | 3Y notice |
| 31 Dec 2025 | Russell Allen | Sell | — | 210.0M | 2.0M | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.