Companies / LAT

LATITUDE 66 LIMITED

ASX:LATMaterials
182.0M shares on issueASX (delayed) · as of 28 July 2026$0.10price · delayed$18.2Mmarket cap · indicative
D
Dilution grade

Runway under 2 quarters; share count grew 28% in 24 months; options/rights overhang 18% of shares

Cash runway-0.4 quarters of funding
Share-count growth (24m)27.6%
Raise cadence (24m)0 cash raises
Options & rights overhang18.4% of shares
In-the-money supply5.5% of shares
Pending proposed issuesnone

LATITUDE 66 LIMITED's ordinary share count increased 27.6% between November 2024 and July 2026, to 182M shares. The company did not raise capital in the 24-month window. Options and rights on issue could convert into 33M new shares, equal to 18.4% of the current share count, of which 6% are in the money at the current share price; the nearest expiry is June 2027. At the March 2026 quarter the company reported cash of A$-568K, representing -0.4 quarters of funding at its recent spending rate. There are no proposed securities issues (Appendix 3B) currently 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.
18.4%
Max option dilution
5.5%
ITM option dilution
0
Raises · last 12 months
-0.4 qtrs
Cash cover · under 2 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 182.0M per ASX (delayed) (28 July 2026).
179.5M180.4M181.4MDec 24Sept 25July 26

Cash runway

-0.4 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$-568k 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.
Join the waitlist

Issuance timeline

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

DateFormSecurityTotal on issue afterSource
5 July 20262A · quoted issueLAT : ORDINARY FULLY PAID182.0MAppendix 2A
12 June 20262A · quoted issueLAT : ORDINARY FULLY PAID146.6MAppendix 2A
11 Feb 20262A · quoted issueLAT : ORDINARY FULLY PAID146.3MAppendix 2A
10 Feb 20263G · unquotedORDINARY FULLY PAID145.8MAppendix 3G
2 Jan 20263H · cancellationORDINARY FULLY PAID145.8MAppendix 3H
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

No equity raises in the last 24 months.
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

18.4%
Total overhang · of current shares
5.5%
In the money · at current price
33.5M
Potential new shares
June 2027
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
31 Dec 2025Thomas HoyerSell3Y notice
31 Dec 2025Grant CoyleSell3Y notice
31 Dec 2025Toby WellmanSell3Y 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

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