FLEXIROAM LIMITED
ASX:FRXTelecommunication ServicesToday’s holders own 83.3% of what they think they own, once every option and right converts.
Share count grew 92% in 24 months; options/rights overhang 20% of shares; 18% of shares in the money
FLEXIROAM LIMITED's ordinary share count rose 92.3% between July 2024 and February 2025, its latest share-count filing, to 1.52B shares. The company completed one capital raise in that period, a non-renounceable issue in February 2025 that raised A$3.7M. Options and rights on issue could convert into 303M new shares, equal to a 20.0% overhang relative to the current share count, of which 18% are in the money at the current share price; the nearest expiry falls in June 2028. The latest quarterly cash report for June 2026 shows non-negative net cash flow, so no funding-runway figure is estimated. No proposed securities issues are pending.
Quick answers · 4
When did FRX last raise capital?
The last capital raise in Flexiroam's filings is Non-Renounceable Issue of $3.7M announced 6 Feb 2025, one of 1 cash raises in 24 months.
How much placement capacity does FRX 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.
When do FRX's options expire?
Unexercised options and rights equal 20% of Flexiroam's shares on issue; the nearest expiry is June 2028.
How much has FRX's share count grown?
Flexiroam has 1.52B shares on issue as at 6 Feb 2025, up 92.3% 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 |
|---|---|---|---|---|
| 3 July 2026 | 3H · cancellation | FRX : ORDINARY FULLY PAID | 1.52B | Appendix 3H |
| 12 Dec 2025 | 3H · cancellation | FRX : ORDINARY FULLY PAID | 1.52B | Appendix 3H |
| 5 Dec 2025 | 3G · unquoted | FRX : ORDINARY FULLY PAID | 1.52B | Appendix 3G |
| 5 Dec 2025 | 3G · unquoted | FRX : ORDINARY FULLY PAID | 1.52B | Appendix 3G |
| 5 Dec 2025 | 3G · unquoted | FRX : ORDINARY FULLY PAID | 1.52B | Appendix 3G |
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
1 cash raise 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 $0.019 today, 268.0M securities are in the money (17.7% of shares on issue). At double today’s price it is 291.8M (19.2% 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.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| FRXAK | Options | Price-triggered | $0.035 | 21 June 2028 | 5.4M | Filing |
| FRXAL | Options | Price-triggered | $0.075 | 21 June 2028 | 4.1M | Filing |
| FRXAM | Options | Price-triggered | $0.12 | 21 June 2028 | 4.1M | Filing |
| FRXAR | Options | Price-triggered | $0.035 | 15 May 2029 | 18.4M | Filing |
| FRXAS | Options | Price-triggered | $0.075 | 15 May 2029 | 1.7M | Filing |
| FRXAT | Options | Price-triggered | $0.12 | 15 May 2029 | 1.7M | Filing |
| FRXAY | Options | Price-triggered | $0.005 | 5 Dec 2030 | 40.0M | Filing |
| FRXAX | Options | Price-triggered | $0.014 | 5 Dec 2030 | 28.0M | Filing |
| FRXAW | Options | Price-triggered | $0.007 | 26 Nov 2035 | 100.0M | Filing |
| FRXAZ | Options | Price-triggered | $0.014 | 5 Dec 2035 | 100.0M | 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
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 5 Dec 2025 | Kenn Tat (Jefrey) Ong | Other | 309.3M | 40.0M | — | — | 3Y notice |
| 1 Sept 2025 | Kenn Tat (Jefrey) Ong | Buy on-market | 10.9M | — | — | — | 3Y notice |
| 6 Feb 2025 | Jefrey Ong | Buy entitlement/SPP | 240.0M | — | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.