Companies / PWN

PARKWAY CORPORATE LIMITED

ASX:PWNMaterials
2.78B shares on issueASX (delayed) · snapshot 11 Sept 20262.98B fully diluted+7.3% if every option and right converts$0.011price · delayed$31.9Mmarket cap · indicative

Today’s holders own 93.2% of what they think they own, once every option and right converts.

Minimal
Dilution risk

Options/rights overhang 7% of shares

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runwaycash-generative (no net burn)
Share-count growth (24m)0.5%
Raise cadence (24m)0 cash raises
Options & rights overhang7.3% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

PARKWAY CORPORATE LIMITED's ordinary share count grew 0.5% between May 2024 and August 2026, reaching 2.78B shares. The company did not raise capital in the past 24 months. Options and rights on issue could convert into 204M new shares, representing 7.3% of the current share count, with the nearest expiry in May 2027; none are in the money. As of the June 2026 quarter, the company reported A$3.6M in available cash and positive net cash flow, meaning no funding runway figure is applicable. There are no proposed securities issues pending.

AI-generated summary of this page's cited filings · updated 4 Sept 2026
Get told when this changes
Set up alerts
Daily email alerts cover risk-level moves, new raises, pending proposed issues and option expiries for the companies you follow.
7.3%
Options & rights overhang
0.0%
In-the-money supply
0
Raises · last 12 months
No net burn
Cash cover · cash-generative

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 2.78B per ASX (delayed) (snapshot 11 Sept 2026).
2.768B2.770B2.772B2.774B2.776BDec 24Oct 25Sept 262.78B

Cash runway

The latest quarterly report shows no net cash burn, so there is no cash-out date.
$3.6M 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: $2.9M cash at quarter end (item 4.6). Our figure above carries the filed quarter-end balance forward at the reported spend rate and adds announced raise proceeds.
Free account
11 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.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Issuance timeline

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

DateFormSecurityOn issue, per this filingSource
1 Sept 20263H · cancellationPWN : ORDINARY FULLY PAID2.78BAppendix 3H
10 Aug 20262A · quoted issuePWN : ORDINARY FULLY PAID2.78BAppendix 2A
9 June 20263H · cancellationPWN : ORDINARY FULLY PAID2.77BAppendix 3H
16 Jan 20262A · quoted issuePWN : ORDINARY FULLY PAID2.77BAppendix 2A
13 Jan 20263H · cancellationPWN : ORDINARY FULLY PAID2.77BAppendix 3H
Free account
17 filings on record — Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Capital raises

No equity raises in the last 24 months.
Free account
Full raise history
Issue price, shares issued, brokers and stated purpose for every raise on record.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

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.

Free account
1 dated event on record — Forward supply calendar
Option expiries and proposed issues on one forward timeline, with the securities each could add.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

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.

No Appendix 3B in the last 12 months reports an issue under the 15% placement capacity (as at 2026-09-12).
Free account
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.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

7.3%
Options & rights overhang · of current shares
0.0%
In-the-money supply · at current price
203.5M
Potential new shares
May 2027
Nearest expiry
What this supply is, and what converts it
  • Price-triggered125.0M · 4.5% of shares
    Options and warrants — they convert when the share price clears their exercise price.
  • Condition-triggered78.5M · 2.8% of shares
    Performance and incentive rights — they convert when a hurdle is met, not at a price, and can lapse to nothing.

Exercise price on record: 125.0M priced, 78.5M 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.

What a price move would switch on
101.8M203.5M$0.011 now0.25× today ($0.003) — 0 of the priced supply in the money, 0.0% of shares on issue0.5× today ($0.006) — 0 of the priced supply in the money, 0.0% of shares on issue0.75× today ($0.009) — 0 of the priced supply in the money, 0.0% of shares on issue1× today ($0.011) — 0 of the priced supply in the money, 0.0% of shares on issue1.25× today ($0.014) — 0 of the priced supply in the money, 0.0% of shares on issue1.5× today ($0.017) — 125.0M of the priced supply in the money, 4.5% of shares on issue2× today ($0.023) — 125.0M of the priced supply in the money, 4.5% of shares on issue3× today ($0.035) — 125.0M of the priced supply in the money, 4.5% of shares on issue5× today ($0.057) — 125.0M of the priced supply in the money, 4.5% of shares on issue10× today ($0.115) — 125.0M of the priced supply in the money, 4.5% of shares on issue0.25×0.5×0.75×now1.25×1.5×10×

At $0.011 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until 1.5× today’s price, which takes it to 125.0M (4.5% 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.
  • 78.5M (38.6% 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.
CodeSecurityTypeExercise priceExpiryOn issueSource
PWNABOptionsPrice-triggered$0.01516 May 2027125.0MFiling
PWNAQPerformance rightsCondition-triggered78.5MFiling Meeting

“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.

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.

Free account
2 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.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Director dealings

DateDirectorTypeSharesOptionsOtherValueSource
1 Sept 2026Bahay OzcakmakSell incentive1.8M3Y notice
1 Dec 2025Ayten SaridasOther incentive2.5M3Y notice
1 Dec 2025Penelope CreswellOther incentive2.5M3Y notice
1 Dec 2025Stephen van der SluysOther incentive2.5M3Y notice
Free account
4 notices on record — Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
Free account: 2 full company unlocks every month, no card.
Create free account

Latest announcements

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