LITHIUM UNIVERSE LIMITED
ASX:LU7MaterialsToday’s holders own 79.5% of what they think they own, once every option and right converts.
Runway under 2 quarters; share count grew 127% in 24 months; 5 cash raises in 24 months
LITHIUM UNIVERSE LIMITED's ordinary share count grew 212.9% between July 2024 and August 2026, reaching 1.86B shares. The company raised capital five times in the past 24 months, with total disclosed proceeds of A$8.5M, including a A$900K placement in July 2026. Options and rights on issue could convert into 480M new shares, representing 25.8% of the current share count; the nearest expiry is March 2027, and none are currently in the money. As of the June 2026 quarter, the company reported A$877K in available cash, covering approximately 1.5 quarters of operating expenses. Three proposed securities issues (Appendix 3B) 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 |
|---|---|---|---|---|
| 24 Aug 2026 | 2A · quoted issue | LU7 : ORDINARY FULLY PAID | 1.86B | Appendix 2A |
| 23 Aug 2026 | 3H · cancellation | LU7 : ORDINARY FULLY PAID | 1.62B | Appendix 3H |
| 9 Aug 2026 | 3H · cancellation | LU7 : ORDINARY FULLY PAID | 1.62B | Appendix 3H |
| 22 Apr 2026 | 3H · cancellation | LU7 : ORDINARY FULLY PAID | 1.62B | Appendix 3H |
| 12 Jan 2026 | 2A · quoted issue | LU7 | 1.62B | Appendix 2A |
Capital raises
5 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-triggered285.9M · 15.4% of sharesOptions and warrants — they convert when the share price clears their exercise price.At least 283.9M of it states no exercise price — that much cannot be called in or out of the money.
- Condition-triggered193.7M · 10.4% 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: 2.0M priced, 477.6M 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 0.4% 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 $0.005 today. No more priced supply until 10× today’s price, which takes it to 2.0M (0.1% 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.
- 477.6M (99.6% 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 |
|---|---|---|---|---|---|---|
| LU7AB | Options | Price-triggered | $0.030 | 11 Mar 2027 | 2.0M | Filing |
| LU7OB | Options | Price-triggered | — | 7 Aug 2028 | 283.9M | Filing |
| LU7AC | Performance rights | Condition-triggered | — | 12 July 2029 | 34.0M | Filing Meeting |
| LU7AM | Performance rights | Condition-triggered | — | 7 Aug 2030 | 99.0M | Filing Meeting |
| LU7AK | Performance rights | Condition-triggered | — | — | 60.7M | Filing |
“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 |
|---|---|---|---|---|---|---|---|
| 8 Aug 2026 | Gernot Abl | Sell | — | 10 | — | — | 3Y notice |
| 12 Jan 2026 | Ignatius Kim-Seng Tan | Sell | — | 3 | — | — | 3Y notice |
| 12 Jan 2026 | Patrick Scallan | Sell | 5.8M | — | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.