Companies / KPO

KALINA POWER LIMITED

ASX:KPOUtilities
2.93B shares on issueASX (delayed) · as of 28 July 2026$0.021price · delayed$61.6Mmarket cap · indicative
C
Dilution grade

Share count grew 18% in 24 months; 4 cash raises in 24 months; runway 4–8 quarters

Cash runway5.4 quarters of funding
Share-count growth (24m)18.0%
Raise cadence (24m)4 cash raises
Options & rights overhang19.9% of shares
In-the-money supply6.6% of shares
Pending proposed issuesnone

KALINA POWER LIMITED's ordinary share count grew 18.0% between May 2024 and January 2026, to 2.93B shares. The company raised capital four times in the 24-month window with disclosed proceeds totalling A$1.8M, most recently in June 2025. Options and rights on issue could convert into 585M new shares, equal to 19.9% of the current share count, of which 7% are in the money at the current share price; the nearest expiry is October 2026. At the March 2026 quarter the company reported A$12.4M in available cash, covering about 5.4 quarters at its recent spending rate. No proposed securities issues (Appendix 3B) are pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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19.9%
Max option dilution
6.6%
ITM option dilution
0
Raises · last 12 months
5.4 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. Latest count 2.93B per ASX (delayed) (28 July 2026).
2.78B2.84B2.89BDec 24Sept 25July 26Cash raise · 16 June 2025Cash raise · 7 May 2025Cash raise · 10 Apr 2025Cash raise · 3 Mar 2025

Cash runway

5.4 qtrs
More than four quarters of funding at the recent spend rate.
$12.4M available cash at quarter ended 31 Mar 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 31 Mar 2026.
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Issuance timeline

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

DateFormSecurityTotal on issue afterSource
6 May 20263H · cancellationKPO : ORDINARY FULLY PAID2.93BAppendix 3H
8 Apr 20263H · cancellationKPO : ORDINARY FULLY PAID2.93BAppendix 3H
31 Mar 20263H · cancellationKPO : ORDINARY FULLY PAID2.93BAppendix 3H
28 Jan 20262A · quoted issueKPO : ORDINARY FULLY PAID2.93BAppendix 2A
1 Dec 20253H · cancellationKPO : ORDINARY FULLY PAID2.93BAppendix 3H
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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Capital raises

4 cash raises in the last 24 months · 0 in the last 12 months

—
Capital raise
16 June 2025
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

19.9%
Total overhang · of current shares
6.6%
In the money · at current price
584.7M
Potential new shares
Oct 2026
Nearest expiry
Paid plan
Per-line options & expiry cliffs
Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.
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Director dealings

DateDirectorTypeSharesOptionsValueSource
5 May 2026Matthew JenkinsSell8.7M1.2M—3Y notice
5 May 2026Malcolm JacquesSell12.2M327k—3Y notice
5 May 2026Timothy HorganSell16.1M10k—3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

Free account
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

10 June 2026Change of Directors' Interest Notice x 3
21 May 2026$PMAJOR REGULATORY AGREEMENT ENHANCES KALiNAS PROJECTS
6 May 2026Notification of cessation of securities - KPO
28 Apr 2026$PQuarterly Activities/Appendix 4C Cash Flow Report
8 Apr 2026Notification of cessation of securities - KPO
1 Apr 2026Change of Directors' Interest Notice x 6
31 Mar 2026Notification of cessation of securities - KPO
27 Feb 2026$PHalf Yearly Report and Accounts
29 Jan 2026$PQuarterly Activities/Appendix 4C Cash Flow Report
28 Jan 2026Application for quotation of securities - KPO
1 Dec 2025Notification of cessation of securities - KPO
1 Dec 2025Change of Directors' Interest Notice x 6
28 Nov 2025Notification regarding unquoted securities - KPO
28 Nov 2025Results of meeting
28 Nov 2025Chairman's Address to Shareholders
20 Nov 2025Application for quotation of securities - KPO
12 Nov 2025Jefferies Company Presentation
4 Nov 2025$PKALiNA receives CAD$17m balance (AUD 18.6m)
31 Oct 2025$PQuarterly Activities/Appendix 4C Cash Flow Report
28 Oct 2025Notice of Annual General Meeting / Proxy Form

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