PANCONTINENTAL ENERGY NL
ASX:PCLEnergyToday’s holders own 48.9% of what they think they own, once every option and right converts.
Options/rights overhang 104% of shares; runway 4–8 quarters
PANCONTINENTAL ENERGY NL's ordinary share count was 8.29B as of August 2025, up 1.2% since June 2024. The company has not raised capital in the past 24 months and has no pending proposed securities issues. Options and rights on issue could convert into 8.65B new shares, equal to 104.3% of the current share count; 0% are in the money, and no expiry date is on record. At the June 2026 quarter the company reported A$2.1M in available cash, sufficient for approximately 6.1 quarters at its recent spending rate.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 11 Aug 2025 | 2A · quoted issue | PCL : ORDINARY FULLY PAID | 8.23B | Appendix 2A |
| 11 Aug 2025 | 3H · cancellation | PCL | 8.29B | Appendix 3H |
| 8 Aug 2025 | 2A · quoted issue | PCL : ORDINARY FULLY PAID | 8.22B | Appendix 2A |
| 7 Aug 2025 | 2A · quoted issue | PCL : ORDINARY FULLY PAID | 8.20B | Appendix 2A |
| 5 Aug 2025 | 2A · quoted issue | PCL : ORDINARY FULLY PAID | 8.17B | Appendix 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 (8.23B) need not equal the current count above (8.29B).
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 allows 15% of ordinary securities in any 12 months, and every Appendix 3B states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 8.65B of it converts on something else — a hurdle that may never be met, or terms the filing does not price.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| PCLAA | — | Not classified | — | — | 40.0M | Filing |
| PCLAX | — | Not classified | — | — | 50.0M | Filing |
| PCLAF | — | Not classified | — | — | 60.0M | Filing |
| PCLAE | — | Not classified | — | — | 70.0M | Filing |
| PCLAD | — | Not classified | — | — | 140.0M | Filing |
| PCL | — | Not classified | — | — | 8.29B | 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.
Director dealings
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.