Companies / PFT

PURE FOODS TASMANIA LIMITED

ASX:PFTFood, Beverage & Tobacco
342.5M shares on issueASX (delayed) · snapshot 11 Sept 2026510.8M fully diluted+49.1% if every option and right converts$0.023price · delayed$7.9Mmarket cap · indicative

Today’s holders own 67.1% of what they think they own, once every option and right converts.

Very high
Dilution risk

Runway under 2 quarters; share count grew 181% in 24 months; 7 cash raises in 24 months

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runway-0.7 quarters of funding
Share-count growth (24m)180.6%
Raise cadence (24m)7 cash raises
Options & rights overhang49.1% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

PURE FOODS TASMANIA LIMITED's ordinary share count grew 180.6% between June 2024 and August 2026, reaching 343M shares. In the past 24 months, the company completed seven capital raises totalling A$4.5M, with the most recent being a A$100K placement in January 2026. There are potential new shares of 168M from options and rights on issue, representing 49.1% of the current share count, with none currently in the money and the nearest expiry in June 2027. As of the June 2026 quarter, the company reported negative A$157K in cash, covering -0.7 quarters. No proposed securities issues are pending.

AI-generated summary of this page's cited filings · updated 11 Sept 2026
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49.1%
Options & rights overhang
0.0%
In-the-money supply
4
Raises · last 12 months
-0.7 qtrs
Cash cover · under 2 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 342.5M per ASX (delayed) (snapshot 11 Sept 2026).
150M200M250M300M350MDec 24Oct 25Sept 26Cash raise · 22 Jan 2026Cash raise · 2 Dec 2025Cash raise · 1 Dec 2025Cash raise · 24 Sept 2025Cash raise · 5 Aug 2025Cash raise · 9 June 2025342.5M

Cash runway

-0.7 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$-160k cash after burn from the quarter ended 30 June 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds. Filed with the quarterly report: $-220k cash at quarter end (item 4.6), 5.3 qtrs of funding on the company’s own estimate. Our figure above carries the filed quarter-end balance forward at the reported spend rate and adds announced raise proceeds.
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13 quarters on record — Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 30 June 2026.
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Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityOn issue, per this filingSource
26 Aug 20262A · quoted issuePFT : ORDINARY FULLY PAID342.5MAppendix 2A
23 Aug 20262A · quoted issuePFT : ORDINARY FULLY PAID340.3MAppendix 2A
31 May 20263G · unquotedPFT : ORDINARY FULLY PAID302.2MAppendix 3G
31 May 20263H · cancellationPFT : ORDINARY FULLY PAID302.2MAppendix 3H
29 May 20262A · quoted issuePFT : ORDINARY FULLY PAID327.5MAppendix 2A
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14 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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Capital raises

7 cash raises in the last 24 months · 4 in the last 12 months

every 2.6 monthsaverage gap between raises
7.7 monthssince the most recent
10 Oct 2024 – 22 Jan 2026first to most recent in this window
$100k
Placement
22 Jan 2026
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8 raises 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.

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4 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 allows 15% of ordinary securities in any 12 months, and every Appendix 3B states how much of it an issue uses.

About 29% of the 15% placement capacity left — about 71% used by Appendix 3B filings in the last 12 months (estimate, as at 2026-09-12). The company has also placed under the additional 10% (Listing Rule 7.1A), which is not counted in this figure. One filing in the window states more under 7.1 than the whole allowance and is not counted, so usage may be higher than this. Holder-approved issues and any later ratification are not deducted, so the true headroom can 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

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

49.1%
Options & rights overhang · of current shares
0.0%
In-the-money supply · at current price
168.2M
Potential new shares
June 2027
Nearest expiry
What a price move would switch on
84.1M168.2M$0.023 now0.25× today ($0.006) — 0 of the priced supply in the money, 0.0% of shares on issue0.5× today ($0.011) — 0 of the priced supply in the money, 0.0% of shares on issue0.75× today ($0.017) — 0 of the priced supply in the money, 0.0% of shares on issue1× today ($0.023) — 0 of the priced supply in the money, 0.0% of shares on issue1.25× today ($0.029) — 0 of the priced supply in the money, 0.0% of shares on issue1.5× today ($0.035) — 0 of the priced supply in the money, 0.0% of shares on issue2× today ($0.046) — 0 of the priced supply in the money, 0.0% of shares on issue3× today ($0.069) — 166.8M of the priced supply in the money, 48.7% of shares on issue5× today ($0.115) — 168.2M of the priced supply in the money, 49.1% of shares on issue10× today ($0.230) — 168.2M of the priced supply in the money, 49.1% of shares on issue0.25×0.5×0.75×now1.25×1.5×2×3×5×10×

At $0.023 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until 3× today’s price, which takes it to 166.8M (48.7% 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
PFTAGOptionsPrice-triggered$0.05010 June 20275.0MFiling
PFTAAAOptionsPrice-triggered$0.0505 Aug 20277.5MFiling
PFTAHOptionsPrice-triggered$0.05024 Sept 2027154.3MFiling
PFTAABOptionsPrice-triggered$0.07029 May 20281.4MFiling

“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.

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4 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 Mar 2025Robert KnightBuy on-market37k———3Y notice
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1 notice 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

1 Sept 2026$PPreliminary Final Report
31 Aug 2026$PPreliminary Final Report
26 Aug 2026$PUPDATED ANNOUNCEMENT Issue of 15,000,000 Shares Placement
26 Aug 2026Update - Application for quotation of securities - PFT
23 Aug 2026Application for quotation of securities - PFT
21 Aug 2026Proposed Issue of Shares
21 Aug 2026Proposed issue of securities - PFT
5 Aug 2026Release of Securities from Voluntary Escrow
29 July 2026$PQuarterly Activities/Appendix 4C Cash Flow Report
2 July 2026Company Secretary Appointment/Resignation
19 June 2026Change in substantial holding
16 June 2026PFT launches new Investor Hub
31 May 2026Notification of cessation of securities - PFT
31 May 2026Notification regarding unquoted securities - PFT
29 May 2026Application for quotation of securities - PFT
29 May 2026Update - Proposed issue of securities - PFT
28 May 2026PFT to launch Brilliant Food into Costco Australia
28 May 2026Proposed issue of securities - PFT
25 May 2026$PManaging Director and CEO appointment - Robert Knight
21 May 2026AGM Results

Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.