Companies / PPY

PAPYRUS AUSTRALIA LIMITED

ASX:PPYMaterials
648.9M shares on issueASX (delayed) · as of 28 July 2026$0.008price · delayed$5.2Mmarket cap · indicative
D
Dilution grade

Runway under 2 quarters; share count grew 25% in 24 months; 6 cash raises in 24 months

Cash runway0.8 quarters of funding
Share-count growth (24m)24.7%
Raise cadence (24m)6 cash raises
Options & rights overhang9.2% of shares
In-the-money supply0.0% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

PAPYRUS AUSTRALIA LIMITED's ordinary share count grew 24.7% between November 2024 and June 2026, to 649M shares. The company raised capital six times in that period for total disclosed proceeds of A$2.2M, most recently a A$175K placement in April 2026 (total covers only raises with disclosed, confirmed proceeds). Options and rights on issue could convert into 59M new shares, equal to 9.2% of the current share count, with 0% in the money and the nearest expiry in March 2027. At the June 2026 quarter the company reported A$356K in cash, about 0.8 quarters of cover. Two proposed securities issues (Appendix 3B) are pending, with the nearest proposed date in November 2026.

AI-generated summary of this page's cited filings · updated 28 July 2026
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9.2%
Max option dilution
0.0%
ITM option dilution
4
Raises · last 12 months
0.8 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 648.9M per ASX (delayed) (28 July 2026).
547.4M584.7M621.9MDec 24Sept 25July 26Cash raise · 23 Apr 2026Cash raise · 17 Apr 2026Cash raise · 30 July 2025Cash raise · 29 July 2025Cash raise · 16 May 2025Cash raise · 22 Jan 2025

Cash runway

0.8 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$356k available cash at quarter ended 30 June 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds.
Paid plan
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)

DateFormSecurityTotal on issue afterSource
29 June 20263G · unquotedPPY : ORDINARY FULLY PAID633.9MAppendix 3G
29 June 20262A · quoted issuePPY : ORDINARY FULLY PAID648.9MAppendix 2A
29 June 20263G · unquotedPPY : ORDINARY FULLY PAID633.9MAppendix 3G
7 May 20263H · cancellationPPY : ORDINARY FULLY PAID633.9MAppendix 3H
29 Apr 20262A · quoted issuePPY : ORDINARY FULLY PAID633.9MAppendix 2A
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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Capital raises

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

$175k
Placement
23 Apr 2026 ACTIVE
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
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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.
Paid plan
Pending issue detail
Size, price, fees, broker and placement-capacity usage for each pending issue.
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Options & convertible securities

9.2%
Total overhang · of current shares
0.0%
In the money · at current price
59.5M
Potential new shares
Mar 2027
Nearest expiry
Paid plan
Per-line options & expiry cliffs
Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.
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Director dealings

DateDirectorTypeSharesOptionsValueSource
29 June 2026Arthur StavrouOther2.5M1.3M$25k3Y notice
29 June 2026Brad LemmonOther2.5M1.3M$25k3Y notice
29 June 2026Al JawhariOther10.0M5.0M$100k3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

Free account
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

27 July 2026$PQuarterly Activities/Appendix 4C Cash Flow Report
27 July 2026Change of Director Interest Notice Late Lodgement
21 July 2026Proposed issue of securities - PPY
21 July 2026Proposed issue of securities - PPY
21 July 2026$PPPY Secures $200,000 Funding and Brokers Engagement
29 June 2026$PMonthly Activities/Appendix 4C Cash Flow Report
29 June 2026Cleansing Notice
29 June 2026Notification regarding unquoted securities - PPY
29 June 2026Notification regarding unquoted securities - PPY
29 June 2026Application for quotation of securities - PPY
24 June 2026Results of 2026 Extraordinary General Meeting
11 June 2026Update to Venue of Extraordinary General Meeting
29 May 2026$PMonthly Activities/Appendix 4C Cash Flow Report
21 May 2026Notice of Extraordinary General Meeting/Proxy Form
20 May 2026$PTBS Milestone Update - Delivery of Product Samples
7 May 2026Notification of cessation of securities - PPY
29 Apr 2026Cleansing Notice
29 Apr 2026Notification regarding unquoted securities - PPY
29 Apr 2026Notification regarding unquoted securities - PPY
29 Apr 2026Application for quotation of securities - PPY

Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.