Companies / IOV

ION VIDEO LTD

ASX:IOVSoftware & Services
141.5M shares on issueASX (delayed) · snapshot 28 Oct 2026163.6M fully diluted+15.6% if every option and right converts$0.42price · delayed$55.9MMarket capAt the previous close. On a day the price moves, shares × today’s price will differ. Prices delayed.

Today’s holders own 86.5% of what they think they own, once every option and right converts.

High
Dilution riskprovisional — limited history

Share count grew 52% in 24 months; 3 cash raises in 24 months; options/rights overhang 16% of shares; since relisting as IOV; prior history under LNU not included

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runway12+ quarters of funding
Share-count growth (24m)52.3%since relisting as IOV; prior history under LNU not included
Raise cadence (24m)3 cash raisessince relisting as IOV; prior history under LNU not included
Options & rights overhang15.6% of shares
In-the-money supply8.3% of shares
Pending proposed issuesrecent proposed issue (Appendix 3B), issue not on record

ION VIDEO LTD's ordinary share count grew 52.3% between March 2026 and October 2026, its latest share-count filing, following a 1-for-100 share consolidation in January 2026; the adjusted latest count is 141M shares. The company raised capital three times in that period for total proceeds of A$5.7M, most recently a A$4.3M placement in September 2026. Options and rights on issue could convert into 22M new shares, equal to 15.6% of the current share count, of which 8% are in the money; the nearest expiry falls in June 2027. The company reported more than 4 quarters of funding at the recent spend rate. No proposed securities issues are pending.

AI-generated summary of this page's cited filings · updated 17 Oct 2026
Quick answers · 4

Why was IOV in a trading halt?

Ion Video requested a trading halt on 26 Oct 2026, giving the reason "Pending release of an announcement regarding a material commercial agreement and strategic validation program". Trading was expected to resume 28 Oct 2026.

When did IOV last raise capital?

The last capital raise in Ion Video's filings is Placement of $4.3M announced 16 Sept 2026, one of 3 cash raises in 24 months.

How much cash does IOV have?

In its quarterly cash report for the quarter ended 30 June 2026, Ion Video reported $771k of cash and estimated 4.3 quarters of funding available at its current rate of spending. That is the company's own estimate.

When do IOV's options expire?

Unexercised options and rights equal 15.6% of Ion Video's shares on issue; the nearest expiry is June 2027.

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15.6%
Options & rights overhang
8.3%
In the moneyAn option whose exercise price is below the last closing share price, so converting it pays. These are the options most likely to become new shares soon. supply
2
Raises · last 12 months
12+ qtrs
Cash cover · over 4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Shown since relisting as IOV (1 Dec 2025); prior history under LNU is not included. Adjusted for the 1-for-100 consolidation (16 Jan 2026). Latest count 141.5M per ASX (delayed) (snapshot 28 Oct 2026).
100M120M140MFeb 26June 26Oct 26Cash raise · 16 Sept 2026141.5M

Cash runway

12+ qtrs OURS
More than four quarters of funding at the recent spend rate.
More than three years of funding at the reported spend rate — far enough out that a dated estimate would be false precision.
$3.6M cash after burn.
FILED 4.3 qtrs · $771k cash · quarter ended 30 June 2026
OURS our estimate, carried to todayOURSOur estimate for today. We take the cash in the company’s latest cash report, deduct spending since at its reported rate, and, for quarterly filers, add raises announced after it. It moves daily; announced money may not all be received yet.FILED as the company reportedFILEDAs the company stated it in its latest cash report. Dated to the end of that period, it does not change until the next report.
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3 cash reports on record — Cash runway history
Cash, net spend and cover trend from every Appendix 4C/5B and 4D/4E on record up to 30 June 2026.
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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)

DateFormSecurityOn issue, per this filingSource
13 Oct 20262A · quoted issueIOV : ORDINARY FULLY PAID141.5MAppendix 2A
7 Oct 20262A · quoted issueIOV : ORDINARY FULLY PAID141.2MAppendix 2A
7 Oct 20263G · unquotedIOV : ORDINARY FULLY PAID133.6MAppendix 3G
29 Sept 20263G · unquotedIOV : ORDINARY FULLY PAID133.6MAppendix 3G
14 Sept 20263H · cancellationIOV : ORDINARY FULLY PAID133.6MAppendix 3H
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14 filings on record — Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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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.

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Securities on issue, by class
How the share count and each option and rights class moved, month by month, with every number in a table.
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Capital raises

3 cash raises in the last 24 months · 2 in the last 12 months · counted since relisting as IOV (1 Dec 2025); prior history under LNU is not included

every 5.4 monthsaverage gap between raises
1.4 monthssince the most recent
20 Oct 2025 – 16 Sept 2026first to most recent in this window
$4.3M
Placement
At 40.0c, 1.3% above the last close
16 Sept 2026 ACTIVE
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14 issues (incl. 10 exercises or conversions) on record — Full raise history
Issue price, shares issued, brokers and stated purpose for every raise on record.
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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.

3.5M of option supply could convert within 12 months — 2.5% of shares on issue
3.5M in the money, expiring in the window
Out-of-the-money options are excluded — at today’s price they expire rather than convert. So is condition-triggered supply, which has no expiry and no price, and convertibles that convert on their own terms rather than on a date.
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9 dated events on record — Forward supply calendar
Option expiries and proposed issues on one forward timeline, with the securities each could add.
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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.

No estimate — no share count old enough to measure 15% of.
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Placement capacity — LR 7.1 / 7.1A
The filings behind the figure: every Appendix 3B in the window with what it says was issued under 7.1 and 7.1A, each row linked to its filing, and how many shares are left.
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Pending proposed issues

No proposed issue (Appendix 3B) dated ahead. One dated in the last 45 days is not yet on record as issued, and the risk score counts it.

Options & convertible securities

15.6%
Options & rights overhang · of current shares
8.3%
In-the-money supply · at current price
22.1M
Potential new shares
June 2027
Nearest expiry
What a price move would switch on
11.1M22.1M$0.42 now0.25× today ($0.11) — 2.0M of the priced supply in the money, 1.4% of shares on issue0.5× today ($0.21) — 11.5M of the priced supply in the money, 8.2% of shares on issue0.75× today ($0.32) — 11.5M of the priced supply in the money, 8.2% of shares on issue1× today ($0.42) — 11.8M of the priced supply in the money, 8.3% of shares on issue1.25× today ($0.53) — 11.8M of the priced supply in the money, 8.3% of shares on issue1.5× today ($0.64) — 11.8M of the priced supply in the money, 8.3% of shares on issue2× today ($0.85) — 11.8M of the priced supply in the money, 8.3% of shares on issue3× today ($1.27) — 15.6M of the priced supply in the money, 11.0% of shares on issue5× today ($2.13) — 15.6M of the priced supply in the money, 11.0% of shares on issue10× today ($4.25) — 15.6M of the priced supply in the money, 11.0% of shares on issue0.25×0.5×0.75×now1.25×1.5×2×3×5×10×

At $0.42 today, 11.8M securities are in the money (8.3% of shares on issue). No more priced supply until 3× today’s price, which takes it to 15.6M (11.0% 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.
  • 6.5M (29.4% of the supply above) states a nil exercise price — nothing is paid to convert it, so no share price switches it on or off. It is the flat band, and it is not part of the in-the-money figure.
CodeSecurityTypeExercise priceExpiryOn issueSource
IOVAAAOptionsPrice-triggered$0.2030 June 20272.7MFiling
IOVAYOptionsPrice-triggered$0.4030 June 2027260kFiling
IOVAAHOptionsPrice-triggered$0.2030 Sept 2027500kFiling
IOVAAMOptionsPrice-triggered$1.0030 Sept 20273.8MFiling
IOVAAKOptionsPrice-triggered$0.2030 Nov 20283.0MFiling
IOVAAEOptionsPrice-triggeredNil30 Sept 20293.5MFiling
IOVAAJOptionsPrice-triggeredNil31 Oct 20293.0MFiling
IOVAAIOptionsPrice-triggered$0.1030 Nov 20292.0MFiling
IOVAALOptionsPrice-triggered$0.2031 Dec 20293.3MFiling

“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.

4 classes ceased in the last 12 months and are not counted above
The company’s own Appendix 2A restates each of these at zero. They are excluded from the overhang, the in-the-money supply and every figure on this page. Each count is the filing’s own count of securities in the class, not a share count — a 2A never states what one security converts into.
  • IOVAABPrice-triggered150k securities → 014 Sept 2026 Appendix 2A
  • IOVAACPrice-triggered240k securities → 016 Apr 2026 Appendix 2A
  • IOVAADPrice-triggered150k securities → 016 Apr 2026 Appendix 2A
  • IOVAAFPrice-triggered150k securities → 016 Apr 2026 Appendix 2A
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9 option lines on record — In-the-money value & price ladder
What each line is worth in the money today, the price ladder to the next tranche that converts, and the filing description behind every code.
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Director dealings

DateDirectorTypeSharesOptionsOtherValueSource
14 Sept 2026Anthony BakerSell—1.0M——3Y notice
14 Sept 2026Brent JonesSell21.6M1.5M——3Y notice
3 Aug 2026Anthony BakerOther233k233k—$93k3Y notice
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10 notices on record — Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

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Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
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Latest announcements

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