Companies / NGY

NUENERGY GAS LIMITED

ASX:NGYEnergy
2.00B shares on issueASX (delayed) · snapshot 28 Oct 20262.06B fully diluted+2.8% if every option and right converts$0.018price · delayed$36.0MMarket capAt the previous close. On a day the price moves, shares × today’s price will differ. Prices delayed.

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

Moderate
Dilution risk

Runway 2–4 quarters; 2 cash raises in 24 months; share count grew 12% in 24 months

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runway3.7 quarters of funding
Share-count growth (24m)12.3%
Raise cadence (24m)2 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, its latest share-count filing, to 2.00B shares. The company raised capital twice in the past 24 months for total disclosed proceeds of A$6.5M, most recently a A$3.0M placement in September 2026. Options and rights on issue could convert into 56M new shares, equal to 2.8% of the current share count; none are in the money, and the nearest expiry falls in October 2028. The company has 2 to 4 quarters of funding at the recent spend rate. No proposed securities issues are currently pending.

AI-generated summary of this page's cited filings · updated 28 Oct 2026
Quick answers · 5

When did NGY last raise capital?

The last capital raise in Nuenergy Gas's filings is Placement of $3.0M announced 7 Sept 2026, one of 2 cash raises in 24 months.

How much placement capacity does NGY have left?

About 49% of the 15% placement capacity left, about 51% 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.

How much cash does NGY have?

In its quarterly cash report for the quarter ended 30 Sept 2026, Nuenergy Gas reported $2.7M of cash and estimated 4.0 quarters of funding available at its current rate of spending. That is the company's own estimate.

When do NGY's options expire?

Unexercised options and rights equal 2.8% of Nuenergy Gas's shares on issue; the nearest expiry is Oct 2028.

How much has NGY's share count grown?

Nuenergy Gas has 2.00B shares on issue as at 28 Oct 2026, up 12.3% over 24 months according to its Appendix 2A filings.

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2.8%
Options & rights overhang
0.0%
In the moneyAn option whose exercise price is below the last closing share price, so converting it pays. These are the options most likely to become new shares soon. supply
2
Raises · last 12 months
3.7 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 2.00B per ASX (delayed) (snapshot 28 Oct 2026).
1.8B1.9B2.0BDec 24Nov 25Oct 26Cash raise · 7 Sept 2026Cash raise · 4 Nov 20252.00B

Cash runway

3.7 qtrs OURS
Two to four quarters of funding at the recent spend rate.
Funds operations to about Sept 2027 at the reported spend rate.
$2.5M cash after burn.
FILED 4.0 qtrs · $2.7M cash · quarter ended 30 Sept 2026
OURS our estimate, carried to todayOURSOur estimate for today. We take the cash in the company’s latest cash report, deduct spending since at its reported rate, and, for quarterly filers, add raises announced after it. It moves daily; announced money may not all be received yet.$2.7M cash at 30 Sep 2026 − $0.2M spent ($669k a quarter × 28 days) = $2.5M left → 3.7 qtrsFILED as the company reportedFILEDAs the company stated it in its latest cash report. Dated to the end of that period, it does not change until the next report.
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12 cash reports on record — Cash runway history
Cash, net spend and cover trend from every Appendix 4C/5B and 4D/4E on record up to 30 Sept 2026.
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Issuance timeline

Latest 4 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)

DateFormSecurityOn issue, per this filingSource
11 Sept 20262A · quoted issueNGY : ORDINARY FULLY PAID2.00BAppendix 2A
11 Sept 20263G · unquotedNGY : ORDINARY FULLY PAID1.92BAppendix 3G
28 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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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.

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Securities on issue, by class
How the share count and each option and rights class moved, month by month, with every number in a table.
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Capital raises

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

every 10.1 monthsaverage gap between raises
1.7 monthssince the most recent
4 Nov 2025 – 7 Sept 2026first to most recent in this window
$3.0M
Placement
At 3.8c, 15.6% below the last close
7 Sept 2026 COMPLETE
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2 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 / 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.

About 49% of the 15% placement capacity left — about 51% used by Appendix 3B filings in the last 12 months (estimate, as at 2026-10-28). Shares issued with holder approval are not added to the base, 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$0.018 now0.25× today ($0.004) — 0 of the priced supply in the money, 0.0% of shares on issue0.5× today ($0.009) — 0 of the priced supply in the money, 0.0% of shares on issue0.75× today ($0.013) — 0 of the priced supply in the money, 0.0% of shares on issue1× today ($0.018) — 0 of the priced supply in the money, 0.0% of shares on issue1.25× today ($0.022) — 0 of the priced supply in the money, 0.0% of shares on issue1.5× today ($0.027) — 0 of the priced supply in the money, 0.0% of shares on issue2× today ($0.036) — 0 of the priced supply in the money, 0.0% of shares on issue3× today ($0.054) — 0 of the priced supply in the money, 0.0% of shares on issue5× today ($0.090) — 56.2M of the priced supply in the money, 2.8% of shares on issue10× today ($0.180) — 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 $0.018 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until 5× today’s price, which takes it to 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. For what expires soon across other listed companies, see the options expiry calendar.

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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

Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.