ORBMINCO LIMITED
ASX:OB1MaterialsToday’s holders own 89.2% of what they think they own, once every option and right converts.
Runway under 2 quarters; share count grew 393% in 24 months; 4 cash raises in 24 months
ORBMINCO LIMITED’s ordinary share count increased 393.0% between May 2025 and May 2026, its latest share-count filing, adjusted for a 1-for-20 share consolidation in September 2025 to 591M shares. The company raised capital four times in the past 24 months for total disclosed proceeds of A$6.5M, most recently a A$5.0M placement in February 2026. Options and rights on issue could convert into 71M new shares, equal to 12.1% of the current share count, none of which are in the money; the nearest expiry falls in December 2026. The company’s reported cash as of June 2026 would have been exhausted at the reported spend rate, and no later cash report is on record, so no funding-runway figure applies. No proposed securities issues are pending.
Quick answers · 4
When did OB1 last raise capital?
The last capital raise in Orbminco's filings is Placement of $5.0M announced 4 Feb 2026, one of 4 cash raises in 24 months.
How much placement capacity does OB1 have left?
None of the 15% placement capacity counted as used in the last 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 OB1 have?
In its quarterly cash report for the quarter ended 30 June 2026, Orbminco reported $1.9M of cash and estimated 1.2 quarters of funding available at its current rate of spending. That is the company's own estimate.
When do OB1's options expire?
Unexercised options and rights equal 12.1% of Orbminco's shares on issue; the nearest expiry is Dec 2026.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 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 |
|---|---|---|---|---|
| 1 Oct 2026 | 3H · cancellation | OB1 : ORDINARY FULLY PAID | 591.0M | Appendix 3H |
| 21 Aug 2026 | 3H · cancellation | OB1 : ORDINARY FULLY PAID | 591.0M | Appendix 3H |
| 15 May 2026 | 2A · quoted issue | OB1 : ORDINARY FULLY PAID | 591.0M | Appendix 2A |
| 21 Apr 2026 | 2A · quoted issue | OB1 : ORDINARY FULLY PAID | 589.5M | Appendix 2A |
| 21 Apr 2026 | 3G · unquoted | OB1 : ORDINARY FULLY PAID | 355.1M | Appendix 3G |
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
4 cash raises in the last 24 months · 1 in the last 12 months
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
At $0.008 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until 10× today’s price, which takes it to 70.1M (11.9% 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.
- 1.3M more carries an exercise price above ten times today’s — off the right of this axis, and in every total on this page.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| OB1AS | Options | Price-triggered | $0.80 | 22 Dec 2026 | 250k | Filing |
| OB1AB | Options | Price-triggered | $0.10 | 16 Dec 2027 | 500k | Filing |
| OB1AA | Options | Price-triggered | $0.40 | 16 Dec 2027 | 500k | Filing |
| OB1AC | Options | Price-triggered | $0.040 | 3 Oct 2028 | 6.5M | Filing |
| OB1AU | Options | Price-triggered | $0.040 | 21 Apr 2029 | 53.6M | Filing |
| OB1AD | Options | Price-triggered | $0.040 | 16 Dec 2029 | 10.0M | Filing |
“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.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 26 Aug 2026 | Angus Middleton | Buy on-market | 2.0M | — | — | — | 3Y notice |
| 24 Aug 2026 | Duncan Gordon | Buy on-market | 1.0M | — | — | — | 3Y notice |
| 29 June 2026 | Angus Middleton | Buy on-market | 2.8M | — | — | $35k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.