Companies / OSM

OSMOND RESOURCES LIMITED

ASX:OSMMaterials
224.4M shares on issueASX (delayed) · snapshot 28 Oct 2026294.2M fully diluted+31.1% if every option and right converts$0.52price · delayed$121.2MMarket capAt the previous close. On a day the price moves, shares × today’s price will differ. Prices delayed.

Today’s holders own 76.3% of what they think they own, once every option and right converts.

Very high
Dilution risk

Share count grew 206% in 24 months; runway 2–4 quarters; options/rights overhang 31% of shares

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runway2.4 quarters of funding
Share-count growth (24m)205.9%
Raise cadence (24m)1 cash raise
Options & rights overhang31.1% of shares
In-the-money supply13.8% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

OSMOND RESOURCES LIMITED's ordinary share count rose 205.9% between September 2024 and October 2026, its latest share-count filing, to 224M shares. The company raised capital once in that period, a A$6.6M placement in January 2026. Options and rights on issue could convert into 70M new shares, equal to 31.1% of the current share count, of which 14% are in the money at the current share price; the nearest expiry falls in December 2026. The company has 2 to 4 quarters of funding at the recent spend rate. Two proposed securities issues (Appendix 3B) are pending, with an expected issue date in October 2026.

AI-generated summary of this page's cited filings · updated 21 Oct 2026
Quick answers · 5

Is OSM raising capital?

Osmond Resources has 2 proposed issues of securities pending under Appendix 3B as at 28 Oct 2026; the most recent raise announced is Placement of $6.6M on 12 Jan 2026.

How much placement capacity does OSM have left?

About 56% of the 15% placement capacity left, about 44% 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 OSM have?

In its quarterly cash report for the quarter ended 30 June 2026, Osmond Resources reported $5.5M of cash and estimated 3.7 quarters of funding available at its current rate of spending. That is the company's own estimate.

When do OSM's options expire?

Unexercised options and rights equal 31.1% of Osmond Resources's shares on issue; the nearest expiry is Dec 2026.

How much has OSM's share count grown?

Osmond Resources has 224.4M shares on issue as at 28 Oct 2026, up 205.9% over 24 months according to its Appendix 2A filings.

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31.1%
Options & rights overhang
13.8%
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
1
Raises · last 12 months
2.4 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 224.4M per ASX (delayed) (snapshot 28 Oct 2026).
100M150M200MDec 24Nov 25Oct 26Cash raise · 12 Jan 2026224.4M

Cash runway

2.4 qtrs OURS
Two to four quarters of funding at the recent spend rate.
Funds operations to about May 2027 at the reported spend rate.
$3.5M cash after burn.
FILED 3.7 qtrs · $5.5M cash · quarter 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.$5.5M cash at 30 Jun 2026 − $2.0M spent ($1.5M a quarter × 120 days) = $3.5M left → 2.4 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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11 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
21 Oct 20263G · unquotedOSM : ORDINARY FULLY PAID224.4MAppendix 3G
2 Oct 20262A · quoted issueOSM : ORDINARY FULLY PAID224.4MAppendix 2A
2 Oct 20263G · unquotedOSM : ORDINARY FULLY PAID139.4MAppendix 3G
31 July 20263G · unquotedOSM : ORDINARY FULLY PAID139.4MAppendix 3G
15 July 20262A · quoted issueOSM : ORDINARY FULLY PAID139.4MAppendix 2A
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30 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

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

$6.6M
Placement
At 60.0c, 14.3% below the last close
12 Jan 2026 COMPLETE
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8 issues (incl. 3 exercises or conversions) 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.

4.5M of option supply could convert within 12 months — 2.0% of shares on issue
4.5M in the money, expiring in the window
2 proposed issues (Appendix 3B) also pending — not counted above; the securities each would add are in the calendar below.
Out-of-the-money options are excluded — at today’s price they expire rather than convert. So is condition-triggered supply, which has no expiry and no price, and convertibles that convert on their own terms rather than on a date.
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12 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.

About 56% of the 15% placement capacity left — about 44% used by Appendix 3B filings in the last 12 months (estimate, as at 2026-10-28). The company has also placed under the additional 10% (Listing Rule 7.1A), which is not counted in this figure. Holders passed a ratification we could not match to exactly one filing, or whose number of shares the result does not state, and shares issued with holder approval are not added to the base, so the true headroom may 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

2 proposed issues pending — Appendix 3B lodged, securities not yet issued. New shares from these issues are not in the counts above until quoted.
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2 pending issues on record — Pending issue detail
Size, price, fees, broker and placement-capacity usage for each pending issue.
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Options & convertible securities

31.1%
Options & rights overhang · of current shares
13.8%
In-the-money supply · at current price
69.8M
Potential new shares
Dec 2026
Nearest expiry
What a price move would switch on
34.9M69.8M$0.52 now0.25× today ($0.13) — 0 of the priced supply in the money, 0.0% of shares on issue0.5× today ($0.26) — 22.5M of the priced supply in the money, 10.0% of shares on issue0.75× today ($0.39) — 31.0M of the priced supply in the money, 13.8% of shares on issue1× today ($0.52) — 31.0M of the priced supply in the money, 13.8% of shares on issue1.25× today ($0.64) — 31.0M of the priced supply in the money, 13.8% of shares on issue1.5× today ($0.77) — 35.0M of the priced supply in the money, 15.6% of shares on issue2× today ($1.03) — 55.5M of the priced supply in the money, 24.7% of shares on issue3× today ($1.54) — 68.0M of the priced supply in the money, 30.3% of shares on issue5× today ($2.58) — 69.8M of the priced supply in the money, 31.1% of shares on issue10× today ($5.15) — 69.8M of the priced supply in the money, 31.1% of shares on issue0.25×0.5×0.75×now1.25×1.5×2×3×5×10×

At $0.52 today, 31.0M securities are in the money (13.8% of shares on issue). No more priced supply until 1.5× today’s price, which takes it to 35.0M (15.6% 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
OSMAMOptionsPrice-triggered$0.3015 Dec 20264.5MFiling
OSMANOptionsPrice-triggered$0.3030 Nov 20274.0MFiling
OSMATOptionsPrice-triggered$1.2031 Dec 20278.3MFiling
OSMAROptionsPrice-triggered$1.5030 June 20283.3MFiling
OSMASOptionsPrice-triggered$1.7528 Oct 20281.8MFiling
OSMAOOptionsPrice-triggered$0.1531 Dec 202822.5MFiling
OSMAPOptionsPrice-triggered$0.7523 Apr 20294.0MFiling
OSMAQOptionsPrice-triggered$0.906 June 20298.5MFiling
OSMAUOptionsPrice-triggered$0.9030 June 203012.0MFiling
OSMAVOptionsPrice-triggered$1.202 Oct 20301.0MFiling

“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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10 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
21 Oct 2026Anthony HallOther9.2M4.0M——3Y notice
21 Oct 2026Daniel EddingtonOther3.0M1.3M——3Y notice
21 Oct 2026Lachlan Stuart RutherfordOther—2.0M——3Y notice
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10 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.