MARMOTA LIMITED
ASX:MEUEnergyToday’s holders own 99.8% of what they think they own, once every option and right converts.
Share count grew 19% in 24 months; 2 cash raises in 24 months; 0% of shares in the money
MARMOTA LIMITED's ordinary share count grew 19.2% between June 2024 and May 2026, its latest share-count filing, to 1.30B shares. In the past 24 months it raised capital twice, totalling A$20.0M, most recently a A$15.0M placement in February 2026. Options and rights on issue could convert into 3M new shares, equal to 0.2% of the current share count, none in the money; the nearest expiry is November 2026. The company has more than 4 quarters of funding at the recent spend rate. No proposed securities issues are pending.
Quick answers · 4
When did MEU last raise capital?
The last capital raise in Marmota's filings is Placement of $15.0M announced 12 Feb 2026, one of 2 cash raises in 24 months.
How much placement capacity does MEU have left?
About 38% of the 15% placement capacity left, about 62% used in 12 months (estimate). Under ASX Listing Rule 7.1 a company may place up to 15% of its shares in 12 months without shareholder approval.
When do MEU's options expire?
Unexercised options and rights equal 0.2% of Marmota's shares on issue; the nearest expiry is Nov 2026.
How much has MEU's share count grown?
Marmota has 1.30B shares on issue as at 28 Oct 2026, up 19.2% over 24 months according to its Appendix 2A filings.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2AThe form a company lodges to have new securities quoted on the ASX. It restates how many of each class are on issue. quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 13 May 2026 | 2A · quoted issue | MEU : ORDINARY FULLY PAID | 1.30B | Appendix 2A |
| 18 Feb 2026 | 2A · quoted issue | MEU : ORDINARY FULLY PAID | 1.29B | Appendix 2A |
| 26 Nov 2025 | 2A · quoted issue | MEU : ORDINARY FULLY PAID | 1.18B | Appendix 2A |
| 4 Sept 2025 | 3H · cancellation | MEU : ORDINARY FULLY PAID | 1.18B | Appendix 3H |
| 7 Feb 2025 | 2A · quoted issue | MEU : ORDINARY FULLY PAID | 1.09B | Appendix 2A |
Securities on issue over time
Ordinary shares and every option and rights class, month by month over two years. The top edge is the fully diluted count.
Capital raises
2 cash raises in the last 24 months · 1 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 / 7.1ARule 7.1 lets a company issue up to 15% of its shares in 12 months without a shareholder vote. Rule 7.1A adds 10% for smaller companies whose holders approve it. allows 15% of ordinary securities in any 12 months, and every Appendix 3BNotice that a company proposes to issue new securities, such as a placement. The securities are not on issue until a later filing confirms it. states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
At $0.080 today, 3.0M securities are in the money (0.2% of shares on issue). No price up to ten times today’s switches on any more priced supply.
- 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.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| MEUAE | Options | Price-triggered | $0.055 | 24 Nov 2026 | 3.0M | 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. For what expires soon across other listed companies, see the options expiry calendar.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 24 Nov 2025 | Aaron Brown | Other incentive | 1.0M | — | — | $45k | 3Y notice |
| 24 Nov 2025 | Neville Bergin | Other incentive | 1.0M | — | — | $45k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.