OBJECTIVE CORPORATION LIMITED
ASX:OCLSoftware & ServicesToday’s holders own 97.6% of what they think they own, once every option and right converts.
1% of shares in the money
OBJECTIVE CORPORATION LIMITED's ordinary share count increased 0.5% between September 2024 and October 2026, its latest share-count filing, to 96M shares. The company has not raised capital through any cash placement, rights issue or share purchase plan in the past 24 months. Options and rights on issue could convert into 2M new shares, equal to 2.4% of the current share count, of which 1% are in the money; the nearest expiry falls in April 2027. The latest cash report is a 12-month half-year/annual report and shows non-negative net cash flow, so no funding-runway figure applies. No proposed securities issues (Appendix 3B) are currently pending.
Quick answers · 3
How much placement capacity does OCL 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 OCL's options expire?
Unexercised options and rights equal 2.4% of Objective Corporation's shares on issue; the nearest expiry is Apr 2027.
How much has OCL's share count grown?
Objective Corporation has 95.6M shares on issue as at 28 Oct 2026, up 0.5% over 24 months according to its Appendix 2A filings.
Shares on issue — last 2 years
Cumulative figures as stated by the company on its daily notice. Latest notice
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 |
|---|---|---|---|---|
| 22 Oct 2026 | 2A · quoted issue | OCL : ORDINARY FULLY PAID | 95.6M | Appendix 2A |
| 20 Oct 2026 | 3G · unquoted | OCL : ORDINARY FULLY PAID | 95.6M | Appendix 3G |
| 20 Oct 2026 | 3G · unquoted | OCL : ORDINARY FULLY PAID | 95.6M | Appendix 3G |
| 10 July 2026 | 2A · quoted issue | OCL : ORDINARY FULLY PAID | 95.6M | Appendix 2A |
| 30 June 2026 | 2A · quoted issue | OCL : ORDINARY FULLY PAID | 96.2M | Appendix 2A |
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
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
- Price-triggered2.3M · 2.4% of sharesOptions and warrants — they convert when the share price clears their exercise price.At least 41k of it states no exercise price — that much cannot be called in or out of the money.
- Condition-triggered32k · 0.0% of sharesPerformance and incentive rights — they convert when a hurdle is met, not at a price, and can lapse to nothing.
Exercise price on record: 2.2M priced (of which 550k in the money), 73k where the filing never states one. A security with no exercise price is never counted in the money — nothing is paid to convert it, so there is no price for it to be above.
Each figure is the filing’s own count of securities, not a share count — a 2A never states what one security converts into.
At $6.70 today, 550k securities are in the money (0.6% of shares on issue). No more priced supply until 1.25× today’s price, which takes it to 755k (0.8% 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.
- 73k (3.2% 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.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| OCLAAC | Options | Price-triggered | $14.85 | 30 Apr 2027 | 100k | Filing |
| OCLAO | Options | Price-triggered | $10.35 | 1 Jan 2028 | 869k | Filing |
| OCLAAD | Options | Price-triggered | $12.00 | 1 Jan 2028 | 90k | Filing |
| OCLAP | Options | Price-triggered | $14.85 | 1 Jan 2028 | 413k | Filing |
| OCLAA | Options | Price-triggered | $17.99 | 31 Dec 2029 | 20k | Filing |
| OCLAN | Options | Price-triggered | $7.50 | 1 July 2030 | 205k | Filing |
| OCLAB | Options | Price-triggered | $6.00 | 13 Oct 2030 | 550k | Filing |
| OCLAAB | Rights | Condition-triggered | — | — | 32k | Filing Meeting |
| OCLAZ | Options | Price-triggered, no exercise price stated | — | — | 41k | 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.
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.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 27 Feb 2026 | Stephen Bool | Buy incentive | 5k | — | — | — | 3Y notice |
| 19 Sept 2025 | Stephen Bool | Sell on-market | — | — | — | — | 3Y notice |
| 28 Feb 2025 | Stephen Bool | Other incentive | 3k | — | 8k | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.