PDI GOLD LIMITED
ASX:PDIMaterialsToday’s holders own 97.0% of what they think they own, once every option and right converts.
Share count grew 110% in 24 months; 1 cash raise in 24 months; 2% of shares in the money
PDI GOLD LIMITED's ordinary share count grew 110.3% between July 2024 and October 2026, its latest share-count filing, following a 1-for-5 share consolidation in August 2026. The share-count change figure is adjusted for the consolidation, and the latest adjusted count is 989M shares. In the past 24 months, the company raised capital once, a A$69.2M placement in February 2025, its only raising in that window. Options and rights on issue could convert into 31M new shares, equal to 3.1% of the current share count, of which 2% are in the money; the nearest expiry falls in April 2028. No funding-runway figure is provided as the latest cash report shows non-negative net cash flow. No proposed securities issues are pending.
Quick answers · 2
When did PDI last raise capital?
The last capital raise in PDI Gold's filings is Placement of $69.2M announced 4 Feb 2025, one of 1 cash raises in 24 months.
When do PDI's options expire?
Unexercised options and rights equal 3.1% of PDI Gold's shares on issue; the nearest expiry is Apr 2028.
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 |
|---|---|---|---|---|
| 23 Oct 2026 | 2A · quoted issue | PDI : ORDINARY FULLY PAID | 988.7M | Appendix 2A |
| 12 Oct 2026 | 2A · quoted issue | PDI : ORDINARY FULLY PAID | 988.3M | Appendix 2A |
| 11 Sept 2026 | 3G · unquoted | PDI : ORDINARY FULLY PAID | 988.0M | Appendix 3G |
| 6 July 2026 | 2A · quoted issue | PDI : ORDINARY FULLY PAID | 4.90B | Appendix 2A |
| 3 July 2026 | 2A · quoted issue | PDI : ORDINARY FULLY PAID | 4.94B | 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
1 cash raise in the last 24 months · 0 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
- Price-triggered28.7M · 2.9% of sharesOptions and warrants — they convert when the share price clears their exercise price.At least 9.0M of it states no exercise price — that much cannot be called in or out of the money.
- Condition-triggered2.3M · 0.2% 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: 19.7M priced (of which 19.7M in the money), 11.3M 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 $4.10 today, 19.7M securities are in the money (2.0% of shares on issue). No price up to ten times today’s switches on any more priced supply.
- 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.
- 11.3M (36.6% 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 |
|---|---|---|---|---|---|---|
| PDIAB | Warrants | Price-triggered | $1.80 | 15 Apr 2028 | 19.7M | Filing |
| PDIAD | — | Condition-triggered | — | — | 157k | Filing Meeting |
| PDIAA | Performance rights | Condition-triggered | — | — | 2.2M | Filing Meeting |
| PDIAC | Options | Price-triggered, no exercise price stated | — | — | 9.0M | 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.
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.
- PDIAWPrice-triggered2.0M securities → 06 July 2026 Appendix 2A
- PDIAYCondition-triggered73.7M securities → 017 Apr 2026 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 11 Sept 2026 | Alain William | Other incentive | 418k | 440k | 139k | — | 3Y notice |
| 11 Sept 2026 | Matthew Wilcox | Other incentive | — | 393k | 338k | — | 3Y notice |
| 6 July 2026 | Simon Jackson | Buy | — | 1.5M | — | — | 3Y notice |
| 6 July 2026 | Steven Michael | Buy | — | 1.5M | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.