Companies / MYE

MASTERMYNE GROUP LIMITED

ASX:MYEMaterials
308.8M shares on issueASX (delayed) · snapshot 11 Sept 2026382.7M fully diluted+24.0% if every option and right converts$0.65price · delayed$199.2Mmarket cap · indicative

Today’s holders own 80.7% of what they think they own, once every option and right converts.

Low
Dilution risk

Options/rights overhang 24% of shares; 17% of shares in the money

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runwayno data — no longer lodges quarterly cash reports (4C/5B)
Share-count growth (24m)0.7%
Raise cadence (24m)0 cash raises
Options & rights overhang24.0% of shares
In-the-money supply17.1% of shares
Pending proposed issuesnone

MASTERMYNE GROUP LIMITED's ordinary share count grew 0.7% between January 2024 and August 2026, reaching 309M shares. The company has not undertaken any capital raises in the past 24 months, and no proposed securities issues are pending. Options and rights on issue represent a potential 74M new shares, which is 24.0% of the current share count, with 17% of these being in the money at the current share price. The nearest expiry for these options is May 2028. MASTERMYNE GROUP LIMITED no longer lodges quarterly cash reports, so no quarterly cash balance or funding runway is disclosed on that basis.

AI-generated summary of this page's cited filings · updated 20 Aug 2026
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24.0%
Options & rights overhang
17.1%
In-the-money supply
0
Raises · last 12 months
Cash cover · stale filings

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 308.8M per ASX (delayed) (snapshot 11 Sept 2026).
308.75M309.00M309.25MDec 24Oct 25Sept 26308.8M

Cash runway

stale Last quarterly cash report is more than 12 months old (quarter ended 31 Dec 2024) — runway is not computed from stale filings.
$75.3M cash after burn from the quarter ended 31 Dec 2024. Filed with the quarterly report: $35.2M cash at quarter end (item 4.6), 0.0 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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9 quarters on record — Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 31 Dec 2024.
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Issuance timeline

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

DateFormSecurityOn issue, per this filingSource
17 Aug 20262A · quoted issueMYE : ORDINARY FULLY PAID308.8MAppendix 2A
30 July 20262A · quoted issueMYE : ORDINARY FULLY PAID308.7MAppendix 2A
6 July 20262A · quoted issueMYE : ORDINARY FULLY PAID308.7MAppendix 2A
4 Feb 20263G · unquotedORDINARY FULLY PAID308.6MAppendix 3G
3 Dec 20253G · unquotedORDINARY FULLY PAID308.6MAppendix 3G
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16 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

No equity raises in the last 24 months.
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1 raise 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.

No Appendix 3B in the last 12 months reports an issue under the 15% placement capacity (as at 2026-09-12).
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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

24.0%
Options & rights overhang · of current shares
17.1%
In-the-money supply · at current price
74.0M
Potential new shares
May 2028
Nearest expiry
What this supply is, and what converts it
  • Price-triggered52.7M · 17.1% of shares
    Options and warrants — they convert when the share price clears their exercise price.
  • Condition-triggered21.2M · 6.9% of shares
    Performance and incentive rights — they convert when a hurdle is met, not at a price, and can lapse to nothing.

Exercise price on record: 52.7M priced (of which 52.7M in the money), 21.2M 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
37.0M74.0M$0.65 now0.25× today ($0.16) — 0 of the priced supply in the money, 0.0% of shares on issue0.5× today ($0.32) — 52.7M of the priced supply in the money, 17.1% of shares on issue0.75× today ($0.48) — 52.7M of the priced supply in the money, 17.1% of shares on issue1× today ($0.65) — 52.7M of the priced supply in the money, 17.1% of shares on issue1.25× today ($0.81) — 52.7M of the priced supply in the money, 17.1% of shares on issue1.5× today ($0.97) — 52.7M of the priced supply in the money, 17.1% of shares on issue2× today ($1.29) — 52.7M of the priced supply in the money, 17.1% of shares on issue3× today ($1.94) — 52.7M of the priced supply in the money, 17.1% of shares on issue5× today ($3.23) — 52.7M of the priced supply in the money, 17.1% of shares on issue10× today ($6.45) — 52.7M of the priced supply in the money, 17.1% of shares on issue0.25×0.5×0.75×now1.25×1.5×10×

At $0.65 today, 52.7M securities are in the money (17.1% 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.
  • 21.2M (28.7% 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.
CodeSecurityTypeExercise priceExpiryOn issueSource
MYEAMOptionsPrice-triggered$0.2331 May 202852.7MFiling
MYEANPerformance rightsCondition-triggered21.2MFiling 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.

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.

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2 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
3 Dec 2025Jeffrey Keith WhitemanOther incentive2.9M3Y notice
27 Nov 2025Andrew Dominic WattsOther126k3Y notice
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2 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.