LIVIUM LTD
ASX:LITMaterialsToday’s holders own 65.6% of what they think they own, once every option and right converts.
Share count grew 75% in 24 months; runway 2–4 quarters; 4 cash raises in 24 months
LIVIUM LTD's ordinary share count increased by 75.1% from September 2024 to September 2026, reaching 2.18B shares. Over the past 24 months, the company undertook four capital raises totalling A$24.3M, with the most recent being a A$9.6M placement in July 2026. Currently, options and rights represent a potential issuance of 1.14B new shares, which is 52.5% of the existing ordinary shares. The nearest expiry date for these options is April 2028. As of June 2026, the company held A$2.8M in cash reserves, which provides cover for approximately 2.1 quarters. Three proposed securities issues are pending, with the nearest proposed date in September 2026.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 3 Sept 2026 | 2A · quoted issue | LIT : ORDINARY FULLY PAID | 2.18B | Appendix 2A |
| 3 Aug 2026 | 2A · quoted issue | LIT : ORDINARY FULLY PAID | 2.16B | Appendix 2A |
| 3 Aug 2026 | 3G · unquoted | LIT : ORDINARY FULLY PAID | 2.06B | Appendix 3G |
| 29 June 2026 | 3H · cancellation | LIT : ORDINARY FULLY PAID | 2.06B | Appendix 3H |
| 29 June 2026 | 2A · quoted issue | LIT : ORDINARY FULLY PAID | 2.06B | Appendix 2A |
Capital raises
4 cash raises in the last 24 months · 2 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 allows 15% of ordinary securities in any 12 months, and every Appendix 3B states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
- Price-triggered1.04B · 47.8% of sharesOptions and warrants — they convert when the share price clears their exercise price.At least 892.0M of it states no exercise price — that much cannot be called in or out of the money.
- Condition-triggered102.9M · 4.7% of sharesPerformance and incentive rights — they convert when a hurdle is met, not at a price, and can lapse to nothing.
Exercise price on record: 122.3M priced, 26.0M at a stated nil price, 994.9M where the filing never states one. A security with no exercise price is never counted in the money — nothing is paid to convert it, so there is no price for it to be above.
Each figure is the filing’s own count of securities, not a share count — a 2A never states what one security converts into.
An exercise price is on record for only 10.9% of this supply, so what is in the money today is not a measurement — the tile above reads “—” for that reason. Of the priced supply, 0 is in the money at $0.008 today. At double today’s price it is 83.3M (3.8% 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.
- 26.0M (2.3% 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.
- 994.9M (87.0% of the supply above) states no exercise price at all. It cannot be called in or out of the money at any price, which is why it is hatched rather than plotted.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| LITOC | Options | Price-triggered | — | 28 Apr 2028 | 892.0M | Filing |
| LITAE | Options | Price-triggered | $0.031 | 24 July 2028 | 39.0M | Filing |
| LITAZ | Options | Price-triggered | Nil | 31 Dec 2028 | 7.8M | Filing |
| LITAY | Performance rights | Condition-triggered | — | 31 Dec 2028 | 39.4M | Filing Meeting |
| LITAF | Options | Price-triggered | Nil | 31 Aug 2029 | 18.2M | Filing |
| LITAG | Options | Price-triggered | $0.012 | 3 Aug 2030 | 83.3M | Filing |
| LITAX | Performance rights | Condition-triggered | — | — | 63.5M | Filing Meeting |
“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.
A condition-triggered class has no exercise price and usually no expiry: what it vests on is set by a shareholder resolution, not by the register. Where the company lodged a notice of meeting before the class first appears here, it is linked as “Meeting” — that is where terms of this kind are put to shareholders. It is not confirmation that the document sets this class’s conditions, and no link appears where there is no such filing.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 1 Dec 2025 | Simon Linge | Other | — | 18.2M | 36.0M | — | 3Y notice |
| 19 Oct 2025 | Phil Thick | Sell | — | 769k | — | — | 3Y notice |
| 11 Aug 2025 | Phillip Campbell | Buy on-market | 2.0M | — | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.