Companies / NVO

NOVO RESOURCES CORP.

ASX:NVOMaterials
434.1M shares on issueASX (delayed) · snapshot 11 Sept 2026470.6M fully diluted+8.4% if every option and right converts$0.070price · delayed$30.4Mmarket cap · indicative

Today’s holders own 92.2% of what they think they own, once every option and right converts.

Low
Dilution risk

1 cash raise in 24 months; options/rights overhang 8% of shares

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runwayno data — not a quarterly (4C/5B) cash filer
Share-count growth (24m)-4.2%measured to the latest Appendix 2A, not to the share count above
Raise cadence (24m)1 cash raise
Options & rights overhang8.4% of shares
In-the-money supplyno data — an exercise price is on record for a minority of the supply
Pending proposed issuesnone

NOVO RESOURCES CORP.'s ordinary share count stood at 434M as of August 2026. The company raised capital once in the past 24 months, completing a placement in February 2026 for A$8.2M, which was the total raised during this period. Options and rights on issue could convert into 37M new shares, representing 8.4% of the current share count, with the nearest expiry date in November 2026. No in-the-money options exist, and no proposed securities issues are currently pending. The company has not lodged a current quarterly cash report, so no cash balance or funding runway figure is available on that basis. Growth in the share count over the 24-month window is not stated in the provided data.

AI-generated summary of this page's cited filings · updated 4 Sept 2026
Get told when this changes
Set up alerts
Daily email alerts cover risk-level moves, new raises, pending proposed issues and option expiries for the companies you follow.
8.4%
Options & rights overhang
In-the-money supply · most strikes not on record
1
Raises · last 12 months
Cash cover · not a quarterly filer

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 434.1M per ASX (delayed) (snapshot 11 Sept 2026).
350M375M400M425MDec 24Oct 25Sept 26Cash raise · 24 Feb 2026434.1M

Cash runway

Not a quarterly cash filer. This company does not lodge Appendix 4C/5B quarterly cash reports, so cash runway does not apply.

Issuance timeline

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

DateFormSecurityOn issue, per this filingSource
28 May 20262A · quoted issueCHESS DEPOSITARY INTERESTS 1:110.9MAppendix 2A
28 May 20262A · quoted issueNVO : CHESS DEPOSITARY INTERESTS 1:1127.4MAppendix 2A
28 May 20263G · unquotedCHESS DEPOSITARY INTERESTS 1:1127.4MAppendix 3G
28 May 20263G · unquotedCHESS DEPOSITARY INTERESTS 1:1127.4MAppendix 3G
16 Mar 20262A · quoted issueNVO : CHESS DEPOSITARY INTERESTS 1:1133.0MAppendix 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 (10.9M) need not equal the current count above (434.1M).

Free account
10 filings on record — Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Capital raises

1 cash raise in the last 24 months · 1 in the last 12 months

$8.2M
Placement
24 Feb 2026 COMPLETE
Free account
1 raise on record — Full raise history
Issue price, shares issued, brokers and stated purpose for every raise on record.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

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.

Free account
2 dated events on record — Forward supply calendar
Option expiries and proposed issues on one forward timeline, with the securities each could add.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

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).
Free account
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.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

8.4%
Options & rights overhang · of current shares
In-the-money supply · most strikes not on record
36.5M
Potential new shares
Nov 2026
Nearest expiry
What a price move would switch on
18.3M36.5M$0.070 now0.25× today ($0.018) — 0 of the priced supply in the money, 0.0% of shares on issue0.5× today ($0.035) — 0 of the priced supply in the money, 0.0% of shares on issue0.75× today ($0.053) — 0 of the priced supply in the money, 0.0% of shares on issue1× today ($0.070) — 0 of the priced supply in the money, 0.0% of shares on issue1.25× today ($0.088) — 0 of the priced supply in the money, 0.0% of shares on issue1.5× today ($0.105) — 0 of the priced supply in the money, 0.0% of shares on issue2× today ($0.140) — 0 of the priced supply in the money, 0.0% of shares on issue3× today ($0.210) — 0 of the priced supply in the money, 0.0% of shares on issue5× today ($0.350) — 0 of the priced supply in the money, 0.0% of shares on issue10× today ($0.700) — 0 of the priced supply in the money, 0.0% of shares on issue0.25×0.5×0.75×now1.25×1.5×10×

An exercise price is on record for only 8.2% 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 $0.070 today. 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.
  • 33.5M (91.8% 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.
  • 3.0M more carries an exercise price above ten times today’s — off the right of this axis, and in every total on this page.
CodeSecurityTypeExercise priceExpiryOn issueSource
NVOACOptionsPrice-triggered$1.8922 Nov 20263.0MFiling
NVOOOptionsPrice-triggered18 Mar 202925.3MFiling
NVOAIWarrantsPrice-triggered8.2MFiling

“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.

Free account
3 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.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Director dealings

DateDirectorTypeSharesOptionsOtherValueSource
28 May 2026Michael SpreadboroughOther placement476k238k$50k3Y notice
12 Jan 2026Quinton HennighBuy on-market900k$147k3Y notice
Free account
2 notices on record — Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
Free account: 2 full company unlocks every month, no card.
Create free account

Latest announcements

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