Companies / HAS

HASTINGS TECHNOLOGY METALS LTD

ASX:HASMaterials
230.5M shares on issueASX (delayed) · as of 28 July 2026$0.28price · delayed$66.8Mmarket cap · indicative
D
Dilution grade

Runway 2–4 quarters; share count grew 27% in 24 months; 6 cash raises in 24 months

Cash runway2.3 quarters of funding
Share-count growth (24m)27.4%
Raise cadence (24m)6 cash raises
Options & rights overhang54.7% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

HASTINGS TECHNOLOGY METALS LTD's ordinary share count grew 27.4% between July 2024 and July 2026, to 230M shares. The company raised capital six times in that 24-month window for total disclosed proceeds of A$10.3M, most recently a A$1.0M placement in June 2026. Options and rights on issue could convert into 126M new shares, equal to 54.7% of the current share count, with 0% in the money at present and the nearest expiry in December 2028. At the June 2026 quarter the company reported A$4.2M in available cash, equivalent to 2.3 quarters of funding at its recent spend rate. No proposed securities issues (Appendix 3B) are pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
Email me when this grade changes
Alerts are coming soon — this opens a pre-filled email that puts you on the list.
54.7%
Max option dilution
0.0%
ITM option dilution
4
Raises · last 12 months
2.3 qtrs
Cash cover · 2–4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 230.5M per ASX (delayed) (28 July 2026).
191.2M205.6M220.0MDec 24Sept 25July 26Cash raise · 18 June 2026Cash raise · 21 Oct 2025Cash raise · 26 Sept 2025Cash raise · 6 Aug 2025Cash raise · 14 July 2025Cash raise · 20 Mar 2025

Cash runway

2.3 qtrs
Two to four quarters of funding at the recent spend rate.
$4.2M available cash at quarter ended 30 June 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 30 June 2026.
Join the waitlist

Issuance timeline

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

DateFormSecurityTotal on issue afterSource
3 July 20263H · cancellationHAS : ORDINARY FULLY PAID227.7MAppendix 3H
3 July 20262A · quoted issueHAS : ORDINARY FULLY PAID230.5MAppendix 2A
28 May 20262A · quoted issueHAS: ORDINARY FULLY PAID227.7MAppendix 2A
24 May 20262A · quoted issueHAS : ORDINARY FULLY PAID230.7MAppendix 2A
4 May 20262A · quoted issueHAS : ORDINARY FULLY PAID227.7MAppendix 2A
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
Join the waitlist

Capital raises

6 cash raises in the last 24 months · 4 in the last 12 months

$1.0M
Placement
18 June 2026 COMPLETE
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
Join the waitlist

Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

54.7%
Total overhang · of current shares
0.0%
In the money · at current price
126.0M
Potential new shares
Dec 2028
Nearest expiry
Paid plan
Per-line options & expiry cliffs
Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.
Join the waitlist

Director dealings

DateDirectorTypeSharesOptionsValueSource
4 May 2026Foon Keong (Charles) LewOther427k—$209k3Y notice
20 Apr 2026Guy RobertsonOther14k—$7k3Y notice
20 Apr 2026Mal RandallOther8k—$4k3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
Join the waitlist

Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
Sign up free — coming soon

Latest announcements

24 July 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
14 July 2026Corporate Presentation July 2026
13 July 2026Plans to Increase Thailand MREC Production to 12,000tpa
13 July 2026$PUpdated DFS Confirms De-Risked Pathway to Production Revised
12 July 2026$PUpdated DFS Confirms De-Risked Pathway to Production
3 July 2026Notification of cessation of securities - HAS
3 July 2026Application for quotation of securities - HAS
24 June 2026Cleansing Notice
22 June 2026Proposed issue of securities - HAS
22 June 2026$PStrategic $1 million Investment from Malaco Mining
18 June 2026$PTrading Halt
28 May 2026Appendix 2A Correction
24 May 2026Application for quotation of securities - HAS
12 May 2026Corporate Presentation May 2026
7 May 2026Change of Director's Interest Notice
4 May 2026Application for quotation of securities - HAS
30 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
29 Apr 2026Application for quotation of securities - HAS
22 Apr 2026Directors change of interest notices X 2
22 Apr 2026$PHastings Reveals Thai Hydromet Plant Flowsheet

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