Companies / RAN

RANGE INTERNATIONAL LIMITED

ASX:RANMaterials
18.7M shares on issueASX (delayed) · snapshot 11 Sept 202619.7M fully diluted+5.2% if every option and right converts$0.090price · delayed$1.7Mmarket cap · indicative

Today’s holders own 95.1% of what they think they own, once every option and right converts.

High
Dilution risk

Runway under 2 quarters; share count grew 73% in 24 months; 1 cash raise in 24 months

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runway-0.4 quarters of funding
Share-count growth (24m)72.7%measured to the latest Appendix 2A, not to the share count above
Raise cadence (24m)1 cash raise
Options & rights overhang5.2% of shares
In-the-money supplyno data — no exercise price on record
Pending proposed issuesnone

RANGE INTERNATIONAL LIMITED undertook a share consolidation on approximately a 1-for-100 basis in May 2026. The company's reported ordinary share count stood at 19M as of June 2026. In the past 24 months, the company has had one capital raise, a placement in September 2025, which raised A$1.6M. Options and rights on issue represent 975,000 potential new shares, equivalent to 5.2% of the current share count, with none currently in the money. No expiry date for these securities is on record. As of the June 2026 quarter, the company reported A$-237K in cash, indicating a deficit, with funding cover at -0.4 quarters. No proposed securities issues are pending.

AI-generated summary of this page's cited filings · updated 11 Sept 2026
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5.2%
Options & rights overhang
In-the-money supply · no stated strikes
1
Raises · last 12 months
-0.4 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. Adjusted for the 1-for-100 consolidation (26 May 2026). Latest count 18.7M per ASX (delayed) (snapshot 11 Sept 2026).
10.0M12.5M15.0M17.5MDec 24Oct 25Sept 261-for-100 consolidationCash raise · 18 Sept 202518.7M

Cash runway

-0.4 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$-244k 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: $278k cash at quarter end (item 4.6), 1.2 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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15 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
19 June 20263G · unquotedRAN : ORDINARY FULLY PAID17.9MAppendix 3G
19 June 20262A · quoted issueRAN : ORDINARY FULLY PAID18.6MAppendix 2A
19 June 20262A · quoted issueRAN : ORDINARY FULLY PAID17.9MAppendix 2A
9 Apr 20263G · unquotedORDINARY FULLY PAID1.79BAppendix 3G
11 Nov 20252A · quoted issueRAN : ORDINARY FULLY PAID1.73BAppendix 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 (17.9M) need not equal the current count above (18.7M).

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10 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

1 cash raise in the last 24 months · 1 in the last 12 months

$1.6M
Placement
18 Sept 2025 COMPLETE
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1 raise 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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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.

No estimatea share consolidation inside the last 12 months puts the filings and the share count in different units.
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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

5.2%
Options & rights overhang · of current shares
In-the-money supply · no stated strikes
975k
Potential new shares
Nearest expiry
What a price move would switch on

No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 975k of it converts on something else — a hurdle that may never be met, or terms the filing does not price.

CodeSecurityTypeExercise priceExpiryOn issueSource
RANAGRightsCondition-triggered975kFiling 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.

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1 option line 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
19 June 2026Christopher FongOther161k50k3Y notice
19 June 2026Mark Andrew SkipperOther97k50k3Y notice
19 June 2026Neil Hector MacdonaldOther48k3Y notice
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8 notices 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

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