Companies / NGY

NUENERGY GAS LIMITED

ASX:NGYEnergy
2.00B shares on issueAppendix 2A · as of 11 Sept 20262.06B fully diluted+2.8% if every option and right converts$0.033price · delayed$63.3Mmarket cap · indicative

Today’s holders own 97.3% of what they think they own, once every option and right converts.

Low
Dilution risk

3 cash raises in 24 months; runway 4–8 quarters; share count grew 12% in 24 months

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runway6.4 quarters of funding
Share-count growth (24m)12.3%
Raise cadence (24m)3 cash raises
Options & rights overhang2.8% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

NUENERGY GAS LIMITED's ordinary share count grew 12.3% between September 2024 and September 2026, reaching 2.00B shares. In the past 24 months, the company completed three capital raises totalling A$10.0M, with the most recent being a A$3.0M placement in September 2026. At September 2026, there were options on issue representing potential new shares of 56M, which is 2.8% of the current share count, with no options currently in the money; the nearest expiry date for these options is October 2028. As of the June 2026 quarter, the company held A$3.2M in cash, which covers 6.4 quarters of operations based on its recent expenditure. No proposed securities issues are pending.

AI-generated summary of this page's cited filings · updated 11 Sept 2026
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2.8%
Options & rights overhang
0.0%
In-the-money supply
3
Raises · last 12 months
6.4 qtrs
Cash cover · over 4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 2.00B per Appendix 2A (filed 11 Sept 2026).
1.80B1.85B1.90BDec 24Oct 25Sept 26Cash raise · 2 Sept 2026Cash raise · 4 Nov 2025Cash raise · 3 Nov 2025

Cash runway

6.4 qtrs
More than four quarters of funding at the recent spend rate.
Funds operations to about Jan 2028 at the reported spend rate.
$3.2M 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: $553k cash at quarter end (item 4.6), 1.1 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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11 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 4 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityOn issue, per this filingSource
11 Sept 20262A · quoted issueNGY : ORDINARY FULLY PAID2.00BAppendix 2A
11 Sept 20263G · unquotedNGY : ORDINARY FULLY PAID1.92BAppendix 3G
27 Nov 20252A · quoted issueNGY : ORDINARY FULLY PAID1.92BAppendix 2A
16 Sept 20242A · quoted issueNGY : ORDINARY FULLY PAID1.78BAppendix 2A
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4 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

3 cash raises in the last 24 months · 3 in the last 12 months

every 5 monthsaverage gap between raises
0.3 monthssince the most recent
3 Nov 2025 – 2 Sept 2026first to most recent in this window
$3.0M
Placement
2 Sept 2026 COMPLETE
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3 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 49% of the 15% placement capacity left — about 51% 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

2.8%
Options & rights overhang · of current shares
0.0%
In-the-money supply · at current price
56.2M
Potential new shares
Oct 2028
Nearest expiry
What a price move would switch on
28.1M56.2M$0.033 now0.25× today ($0.008) — 0 of the priced supply in the money, 0.0% of shares on issue0.5× today ($0.017) — 0 of the priced supply in the money, 0.0% of shares on issue0.75× today ($0.025) — 0 of the priced supply in the money, 0.0% of shares on issue1× today ($0.033) — 0 of the priced supply in the money, 0.0% of shares on issue1.25× today ($0.041) — 0 of the priced supply in the money, 0.0% of shares on issue1.5× today ($0.050) — 0 of the priced supply in the money, 0.0% of shares on issue2× today ($0.066) — 56.2M of the priced supply in the money, 2.8% of shares on issue3× today ($0.099) — 56.2M of the priced supply in the money, 2.8% of shares on issue5× today ($0.165) — 56.2M of the priced supply in the money, 2.8% of shares on issue10× today ($0.330) — 56.2M of the priced supply in the money, 2.8% of shares on issue0.25×0.5×0.75×now1.25×1.5×2×3×5×10×

At $0.033 today, 0 securities are in the money (0.0% of shares on issue). At double today’s price it is 56.2M (2.8% 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.
CodeSecurityTypeExercise priceExpiryOn issueSource
—OptionsPrice-triggered$0.0609 Oct 202856.2MFiling

“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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1 option line 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
28 Nov 2025Goh Tian ChuanBuy entitlement/SPP128.6M——$3.2M3Y notice
28 Nov 2025Ian WangBuy entitlement/SPP163k——$4k3Y notice
28 Nov 2025Kong Kok KeongBuy entitlement/SPP128.6M——$3.2M3Y notice
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4 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

11 Sept 2026Cleansing Notice
11 Sept 2026Notification regarding unquoted securities - NGY
11 Sept 2026Application for quotation of securities - NGY
11 Sept 2026$PTerms and Conditions of Options
11 Sept 2026Completion of Placement
10 Sept 2026$PAmended Investor Presentation
10 Sept 2026$PReceipt of claim by former director
6 Sept 2026Tanjung Enim PSC designated as a National Strategic Project
6 Sept 2026Investor Presentation
6 Sept 2026Proposed issue of securities - NGY
6 Sept 2026$PNuEnergy funded to progress towards commercialisation
2 Sept 2026$PTrading Halt
23 Aug 2026Construction of key gas sales infrastructure commences
23 Aug 2026Exploration period extended for three PSCs
9 Aug 2026Change of Director's Interest Notice
29 July 2026Final Director's Interest Notice
28 July 2026Director Resignation
28 July 2026$PQuarterly Cashflow Report
28 July 2026$PQuarterly Activities Report
30 June 2026Fully Funded Field Service Contract for TE CBM Project

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