MA CREDIT INCOME TRUST
ASX:MA1Not ApplicShare count grew 69% in 24 months; 6 cash raises in 24 months; options/rights overhang 134% of shares
MA CREDIT INCOME TRUST's ordinary share count grew 68.8% between April 2025 and July 2026, to 280M shares. The company conducted six capital raises in the 24-month window for total disclosed proceeds of A$430.8M, most recently a Non-Renounceable Entitlement Offer in August 2025 that raised A$190.5M. Options and rights on issue could convert into 375M new shares, equal to 134.1% of the current share count, with 0% in the money at present. The company does not lodge a current quarterly cash report, so no quarterly cash balance or funding-runway figure is disclosed. No proposed securities issues (Appendix 3B) are pending.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | Total on issue after | Source |
|---|---|---|---|---|
| 20 July 2026 | 2A · quoted issue | MA1 : ORDINARY UNITS FULLY PAID | 279.7M | Appendix 2A |
| 15 June 2026 | 2A · quoted issue | MA1 : ORDINARY UNITS FULLY PAID | 279.7M | Appendix 2A |
| 14 May 2026 | 2A · quoted issue | MA1 : ORDINARY UNITS FULLY PAID | 279.6M | Appendix 2A |
| 16 Apr 2026 | 2A · quoted issue | MA1 : ORDINARY UNITS FULLY PAID | 279.6M | Appendix 2A |
| 13 Mar 2026 | 2A · quoted issue | MA1 : ORDINARY UNITS FULLY PAID | 279.5M | Appendix 2A |
Capital raises
6 cash raises in the last 24 months · 2 in the last 12 months
Pending proposed issues
Options & convertible securities
Director dealings
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.