Companies / OBM

ORA BANDA MINING LTD

ASX:OBMMaterials
1.94B shares on issueASX (delayed) · snapshot 28 Oct 20262.04B fully diluted+5.2% if every option and right converts$1.24price · delayed$2.37BMarket capAt the previous close. On a day the price moves, shares × today’s price will differ. Prices delayed.

Today’s holders own 95.1% of what they think they own, once every option and right converts.

Minimal
Dilution risk

Options/rights overhang 5% of shares

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runwaycash-generative (no net burn)
Share-count growth (24m)3.9%
Raise cadence (24m)0 cash raises
Options & rights overhang5.2% of shares
In-the-money supplyno data — no exercise price on record
Pending proposed issuesnone

ORA BANDA MINING LTD's ordinary share count grew 3.9% between October 2024 and October 2026, its latest share-count filing, to 1.94B shares. The company has not raised any capital through placements, rights issues or share purchase plans in the past 24 months. Options and rights on issue could convert into 101M new shares, equal to 5.2% of the current share count, with none in the money; the nearest expiry falls in December 2027. The latest cash report is a half-year or annual report, not a quarterly report, and it shows non-negative net cash flow, so no funding-runway figure applies. No proposed securities issues are pending.

AI-generated summary of this page's cited filings · updated 25 Oct 2026
Quick answers · 3

How much placement capacity does OBM 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.

When do OBM's options expire?

Unexercised options and rights equal 5.2% of Ora Banda Mining's shares on issue; the nearest expiry is Dec 2027.

How much has OBM's share count grown?

Ora Banda Mining has 1.94B shares on issue as at 28 Oct 2026, up 3.9% over 24 months according to its Appendix 2A filings.

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5.2%
Options & rights overhang
—
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 · no stated strikes
0
Raises · last 12 months
No net burn
Cash cover · cash-generative

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 1.94B per ASX (delayed) (snapshot 28 Oct 2026).
1.88B1.90B1.92B1.94BDec 24Nov 25Oct 261.94B

Cash runway

—
The latest annual report shows no net cash burn, so there is no cash-out date.
$267.7M cash after burn · operating cash flow only.
FILED $267.7M cash · year ended 30 June 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.$267.7M cash at 30 Jun 2026 = $267.7M left (no net burn, so nothing is deducted)FILED 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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4 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 June 2026.
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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)

DateFormSecurityOn issue, per this filingSource
16 Oct 20262A · quoted issueOBM : ORDINARY FULLY PAID1.94BAppendix 2A
4 Sept 20263H · cancellationOBM : ORDINARY FULLY PAID1.93BAppendix 3H
4 Sept 20262A · quoted issueOBM : ORDINARY FULLY PAID1.94BAppendix 2A
4 Aug 20263H · cancellationOBM : ORDINARY FULLY PAID1.93BAppendix 3H
4 Aug 20262A · quoted issueOBM : ORDINARY FULLY PAID1.93BAppendix 2A
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71 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

No equity raises in the last 24 months.
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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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18 dated events 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.

No Appendix 3B in the last 12 months reports an issue under the 15% placement capacity (as at 2026-10-28).
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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

5.2%
Options & rights overhang · of current shares
—
In-the-money supply · no stated strikes
100.5M
Potential new shares
Dec 2027
Nearest expiry
What a price move would switch on

No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 100.5M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.

CodeSecurityTypeExercise priceExpiryOn issueSource
OBMAEPerformance rightsCondition-triggered—22 Dec 202711.4MFiling Meeting
OBMAFPerformance rightsCondition-triggered—22 Dec 202724.0MFiling Meeting
OBMAPPerformance rightsCondition-triggered—30 June 20282.8MFiling Meeting
OBMAVPerformance rightsCondition-triggered—1 July 202810.6MFiling Meeting
OBMATPerformance rightsCondition-triggered—19 Dec 20281.5MFiling Meeting
OBMAWPerformance rightsCondition-triggered—19 Dec 20283.0MFiling Meeting
OBMAUPerformance rightsCondition-triggered—19 Dec 20283.5MFiling Meeting
OBMAYRightsCondition-triggered—30 June 2029138kFiling Meeting
OBMAADRightsCondition-triggered—30 June 2029232kFiling Meeting
OBMAXPerformance rightsCondition-triggered—30 June 202910.2MFiling Meeting
OBMAGPerformance rightsCondition-triggered—27 Nov 20291.0MFiling Meeting
OBMAHPerformance rightsCondition-triggered—27 Nov 20292.7MFiling Meeting
OBMAZPerformance rightsCondition-triggered—30 June 20306.2MFiling Meeting
OBMAQPerformance rightsCondition-triggered—30 June 203014.5MFiling Meeting
OBMAABPerformance rightsCondition-triggered—27 Nov 2030727kFiling Meeting
OBMAAAPerformance rightsCondition-triggered—27 Nov 20301.3MFiling Meeting
OBMAACRightsCondition-triggered—27 Nov 20306.3MFiling Meeting
OBMARPerformance rightsCondition-triggered—31 Jan 2031500kFiling 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. For what expires soon across other listed companies, see the options expiry calendar.

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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18 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 Aug 2026Alan RuleOther3k———3Y notice
3 Aug 2026Jo-Anne DudleyOther6k———3Y notice
3 Aug 2026Peter MansellOther9k———3Y notice
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24 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

28 Oct 2026Company Presentation
23 Oct 2026$PSeptember 2026 Quarterly Activities Report
16 Oct 2026Letter to Shareholders - Notice of Annual General Meeting
16 Oct 2026Notice of Annual General Meeting/Proxy Form
16 Oct 2026Application for quotation of securities - OBM
25 Sept 20262026 ESG Report
22 Sept 2026Company Presentation
10 Sept 2026Change in substantial holding
10 Sept 2026$PWaihi Underground Commenced
9 Sept 2026Change in substantial holding
4 Sept 2026Application for quotation of securities - OBM
4 Sept 2026Notification of cessation of securities - OBM
26 Aug 2026$PFY26 Results
26 Aug 20262026 Annual Report
26 Aug 2026$PAppendix 4E
26 Aug 2026Appendix 4G
26 Aug 2026FY26 Corporate Governance Statement
26 Aug 20262026 Annual General Meeting - Key Dates
14 Aug 2026Change in substantial holding
4 Aug 2026Change of Director's Interest Notice x 3

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