HIGHCOM LIMITED
ASX:HCLCapital GoodsRunway 4–8 quarters; share count grew 10% in 24 months; 1 cash raise in 24 months
HIGHCOM LIMITED's ordinary share count stood at 142M as of April 2026, an increase of 10.4% since February 2026. In the 24-month window, the company raised A$7.8M through one Placement and Share Purchase Plan in February 2026. It has more than 4 quarters of funding at the recent spend rate, based on its latest half-year/annual report (not a quarterly report). No options or rights overhang data are disclosed, and no proposed securities issues are pending. The company's share count history covers only three observations, reflecting limited recent issuance beyond that single raise.
Quick answers · 3
When did HCL last raise capital?
The last capital raise in Highcom's filings is Placement and Share Purchase Plan of $7.8M announced 11 Feb 2026, one of 1 cash raises in 24 months.
How much placement capacity does HCL 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 has HCL's share count grown?
Highcom has 141.7M shares on issue as at 28 Oct 2026, up 10.4% over 24 months according to its Appendix 2A filings.
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 |
|---|---|---|---|---|
| 2 Apr 2026 | 2A · quoted issue | HCL : ORDINARY FULLY PAID | 141.7M | Appendix 2A |
| 10 Mar 2026 | 2A · quoted issue | HCL : ORDINARY FULLY PAID | 132.3M | Appendix 2A |
| 16 Feb 2026 | 2A · quoted issue | HCL : ORDINARY FULLY PAID | 128.4M | 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
1 cash raise in the last 24 months · 1 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
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 31 Mar 2026 | Adelaide McDonald | Other | 100k | — | — | $20k | 3Y notice |
| 31 Mar 2026 | Benjamin Harrison | Buy | 250k | — | — | $50k | 3Y notice |
| 31 Mar 2026 | Geoff Knox | Other | 250k | — | — | $50k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.