MOONLIGHT RESOURCES LTD
ASX:ML8MaterialsToday’s holders own 62.2% of what they think they own, once every option and right converts.
Runway 2–4 quarters; options/rights overhang 61% of shares
MOONLIGHT RESOURCES LTD had 97M ordinary shares on issue as at October 2026, its only share-count filing on record since January 2024, so no change percentage can be derived from a prior filing. The company has not raised capital through any cash placement, rights issue or share purchase plan in the past 24 months. Options and rights on issue could convert into 59M new shares, representing 60.7% of the current share count, with none in the money at the current share price; the nearest expiry falls in December 2028. The company has 2 to 4 quarters of funding at the recent spend rate. No proposed securities issues are currently pending.
Quick answers · 2
How much cash does ML8 have?
In its quarterly cash report for the quarter ended 30 June 2026, Moonlight Resources reported $6.1M of cash and estimated 3.3 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do ML8's options expire?
Unexercised options and rights equal 60.7% of Moonlight Resources's shares on issue; the nearest expiry is Dec 2028.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 1 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 |
|---|---|---|---|---|
| 2 Oct 2026 | 2A · quoted issue | ML8 : ORDINARY FULLY PAID | 58.7M | Appendix 2A |
Each filing states the count for the security it names, as at its own reference date and in the units of that filing — so the newest row (58.7M) need not equal the current count above (96.9M).
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
Results due
What the company's own reports say is coming, and when. A month is one the report names; “by end of year” is a deadline such as “Q4”. See every explorer on the results calendar.
- by end 2026 · Copper MRE at Peak Downs (to complete)
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
- Price-triggered51.0M · 52.6% of sharesOptions and warrants — they convert when the share price clears their exercise price.At least 26.0M of it states no exercise price — that much cannot be called in or out of the money.
- Condition-triggered7.9M · 8.1% 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: 25.0M priced, 33.9M 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 42.5% 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 $0.14 today. No more priced supply until 3× today’s price, which takes it to 25.0M (25.8% 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.
- 33.9M (57.5% 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 |
|---|---|---|---|---|---|---|
| ML8AC | Options | Price-triggered, no exercise price stated | — | 4 Dec 2028 | 26.0M | Filing |
| ML8AE | Options | Price-triggered | $0.30 | 4 Dec 2028 | 25.0M | Filing |
| ML8AD | Performance rights | Condition-triggered | — | 4 Dec 2030 | 7.9M | 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. For what expires soon across other listed companies, see the options expiry calendar.
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
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.