RBR GROUP LIMITED
ASX:RBRMaterialsToday’s holders own 82.7% of what they think they own, once every option and right converts.
Runway under 2 quarters; share count grew 173% in 24 months; 3 cash raises in 24 months
RBR GROUP LIMITED undertook a share consolidation on approximately a 1-for-30 basis in November 2025. Following this, the ordinary share count grew 173.1% between March 2024 and May 2026, to 149M shares. The company raised capital three times in the past 24 months for total disclosed proceeds of A$1.5M, most recently a A$365K placement in April 2026. Options on issue could convert into 31M new shares, equal to 21.0% of the current share count, with the nearest expiry in September 2026; none of these options are in the money. At the June 2026 quarter the company reported A$-130K in available cash, representing approximately -0.4 quarters of funding at its recent spending rate.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 12 May 2026 | 3H · cancellation | RBR : ORDINARY FULLY PAID | 148.8M | Appendix 3H |
| 6 May 2026 | 2A · quoted issue | RBR : ORDINARY FULLY PAID | 148.8M | Appendix 2A |
| 6 May 2026 | 3G · unquoted | RBR : ORDINARY FULLY PAID | 127.5M | Appendix 3G |
| 17 Dec 2025 | 2A · quoted issue | RBR : ORDINARY FULLY PAID | 127.5M | Appendix 2A |
| 31 Oct 2025 | 2A · quoted issue | RBR : ORDINARY FULLY PAID | 3.59B | Appendix 2A |
Capital raises
3 cash raises in the last 24 months · 1 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 allows 15% of ordinary securities in any 12 months, and every Appendix 3B states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
- Price-triggered30.2M · 20.3% of sharesOptions and warrants — they convert when the share price clears their exercise price.
- Converts on terms1.0M · 0.7% of sharesConvertibles with no exercise price — they convert on their own terms, so they are shares in all but name.
Exercise price on record: 30.2M priced, 1.0M 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 $0.015 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 10.6M (7.1% 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.
- 1.0M (3.2% 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 |
|---|---|---|---|---|---|---|
| RBRAY | Notes | Converts on terms | — | 21 Sept 2026 | 1.0M | Filing |
| RBRAC | Options | Price-triggered | $0.030 | 7 Nov 2027 | 10.6M | Filing |
| RBRAAA | Options | Price-triggered | $0.060 | 30 Nov 2027 | 19.6M | 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.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 26 June 2026 | Ian Keith Macpherson | Buy on-market | 1.4M | — | — | $23k | 3Y notice |
| 17 Dec 2025 | Ian Keith Macpherson | Other | 2.6M | — | — | $77k | 3Y notice |
| 17 Dec 2025 | Richard Paul Horsfall | Other | 1.1M | — | — | $32k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.