Companies / MCO

MYECO GROUP LTD

ASX:MCOMaterials
603.6M shares on issueASX (delayed) · snapshot 11 Sept 2026627.5M fully diluted+4.0% if every option and right converts$0.021price · delayed$12.7Mmarket cap · indicative

Today’s holders own 96.2% of what they think they own, once every option and right converts.

Low
Dilution risk

Runway 2–4 quarters; 2 cash raises in 24 months

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runway3.3 quarters of funding
Share-count growth (24m)0.3%
Raise cadence (24m)2 cash raisesexcludes announced events with no matching share-issuance (Appendix 2A) filing
Options & rights overhang4.0% of shares
In-the-money supplyno data — no exercise price on record
Pending proposed issuesnone

MYECO GROUP LTD's ordinary share count grew 0.3% between July 2025 and November 2025, reaching 604M shares. In the past 24 months, the company completed two capital raises totalling A$3.2M, with the most recent being a A$1.6M placement in May 2025. Options and rights on issue could convert into 24M new shares, representing 4.0% of the current share count, with no options currently in the money. The nearest expiry for these options is April 2029. As of the June 2026 quarter, MYECO GROUP LTD reported A$1.6M in available cash, sufficient for approximately 3.3 quarters at its recent spending rate. There are no pending proposed securities issues.

AI-generated summary of this page's cited filings · updated 10 Sept 2026
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4.0%
Options & rights overhang
In-the-money supply · no stated strikes
0
Raises · last 12 months
3.3 qtrs
Cash cover · 2–4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 603.6M per ASX (delayed) (snapshot 11 Sept 2026).
597.5M600.0M602.5MDec 24Oct 25Sept 26Cash raise · 6 May 2025Cash raise · 2 May 2025603.6M

Cash runway

3.3 qtrs
Two to four quarters of funding at the recent spend rate.
Funds operations to about Apr 2027 at the reported spend rate.
$1.6M cash after burn from the quarter ended 30 June 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds. Filed with the quarterly report: $2.0M cash at quarter end (item 4.6), 22.4 qtrs of funding on the company’s own estimate. Our figure above carries the filed quarter-end balance forward at the reported spend rate and adds announced raise proceeds.
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7 quarters on record — Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 30 June 2026.
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Issuance timeline

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

DateFormSecurityOn issue, per this filingSource
22 Apr 20263G · unquotedMCO : ORDINARY FULLY PAID603.6MAppendix 3G
2 Mar 20263H · cancellationMCO : ORDINARY FULLY PAID603.6MAppendix 3H
3 Feb 20263G · unquotedORDINARY FULLY PAID603.6MAppendix 3G
22 Jan 20263G · unquotedORDINARY FULLY PAID603.6MAppendix 3G
26 Nov 20253G · unquotedMCO : ORDINARY FULLY PAID603.6MAppendix 3G
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13 filings on record — Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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Capital raises

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

every 0.1 monthsaverage gap between raises
16.2 monthssince the most recent
2 May 20256 May 2025first to most recent in this window
$1.6M
Placement
6 May 2025
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4 raises on record — Full raise history
Issue price, shares issued, brokers and stated purpose for every raise on record.
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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.

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1 dated event on record — Forward supply calendar
Option expiries and proposed issues on one forward timeline, with the securities each could add.
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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.

About 99% of the 15% placement capacity left — about 1% used by Appendix 3B filings in the last 12 months (estimate, as at 2026-09-12). Holder-approved issues and any later ratification are not deducted, so the true headroom can be higher.
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Placement capacity — LR 7.1 / 7.1A
The filings behind the figure: every Appendix 3B in the window with what it says was issued under 7.1 and 7.1A, each row linked to its filing, and how many shares are left.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

4.0%
Options & rights overhang · of current shares
In-the-money supply · no stated strikes
23.9M
Potential new shares
Apr 2029
Nearest expiry
What this supply is, and what converts it
  • Condition-triggered21.6M · 3.6% of shares
    Performance and incentive rights — they convert when a hurdle is met, not at a price, and can lapse to nothing.
  • Converts on terms2.4M · 0.4% of shares
    Convertibles with no exercise price — they convert on their own terms, so they are shares in all but name.

Exercise price on record: 0 priced, 23.9M 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.

What a price move would switch on

No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 23.9M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.

CodeSecurityTypeExercise priceExpiryOn issueSource
NotesConverts on terms20 Apr 2029770kFiling
MCOANNotesConverts on terms1.6MFiling
MCOACPerformance rightsCondition-triggered21.6MFiling

“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.

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3 option lines on record — In-the-money value & price ladder
What each line is worth in the money today, the price ladder to the next tranche that converts, and the filing description behind every code.
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Director dealings

DateDirectorTypeSharesOptionsOtherValueSource
10 Dec 2025Donald Haller JrOther80k$80k3Y notice
10 Dec 2025Jim WalshOther50k$50k3Y notice
25 Nov 2025Richard TegoniOther incentive3.5M3Y notice
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6 notices on record — Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

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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

Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.