Companies / RDS

REDSTONE RESOURCES LIMITED

ASX:RDSMaterials
1.30B shares on issueASX (delayed) · snapshot 11 Sept 20261.58B fully diluted+21.3% if every option and right converts$0.003price · delayed$3.9Mmarket cap · indicative

Today’s holders own 82.4% of what they think they own, once every option and right converts.

Moderate
Dilution risk

Share count grew 41% in 24 months; runway 2–4 quarters; options/rights overhang 21% of shares

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runway3.4 quarters of funding
Share-count growth (24m)41.0%
Raise cadence (24m)1 cash raise
Options & rights overhang21.3% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

REDSTONE RESOURCES LIMITED's ordinary share count grew 41.0% between January 2024 and June 2026, to 1.30B shares. The company undertook one capital raise in the past 24 months, a placement in September 2025 that raised A$650K. Options and rights on issue could convert into 278M new shares, representing 21.3% of the current share count; the nearest expiry is December 2026 and none are currently in the money. At the June 2026 quarter the company reported A$449K in available cash, providing cover for 3.4 quarters. No proposed securities issues are pending.

AI-generated summary of this page's cited filings · updated 11 Sept 2026
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21.3%
Options & rights overhang
0.0%
In-the-money supply
1
Raises · last 12 months
3.4 qtrs
Cash cover · 2–4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 1.30B per ASX (delayed) (snapshot 11 Sept 2026).
0.9B1.0B1.1B1.2B1.3BDec 24Oct 25Sept 26Cash raise · 26 Sept 20251.30B

Cash runway

3.4 qtrs
Two to four quarters of funding at the recent spend rate.
Funds operations to about Apr 2027 at the reported spend rate.
$448k 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: $557k cash at quarter end (item 4.6), 4.2 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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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.
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Issuance timeline

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

DateFormSecurityOn issue, per this filingSource
17 June 20262A · quoted issueRDS : ORDINARY FULLY PAID1.30BAppendix 2A
31 Dec 20253H · cancellationRDS : ORDINARY FULLY PAID1.23BAppendix 3H
19 Dec 20253G · unquotedRDS : ORDINARY FULLY PAID1.23BAppendix 3G
19 Dec 20253G · unquotedRDS : ORDINARY FULLY PAID1.23BAppendix 3G
20 Nov 20253H · cancellationRDS : ORDINARY FULLY PAID1.23BAppendix 3H
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11 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

$650k
Placement
26 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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7 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 48% of the 15% placement capacity left — about 52% used by Appendix 3B filings in the last 12 months (estimate, as at 2026-09-12). 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

21.3%
Options & rights overhang · of current shares
0.0%
In-the-money supply · at current price
278.3M
Potential new shares
Dec 2026
Nearest expiry
What a price move would switch on
139.2M278.3M$0.0030 now0.25× today ($0.0008) — 0 of the priced supply in the money, 0.0% of shares on issue0.5× today ($0.0015) — 0 of the priced supply in the money, 0.0% of shares on issue0.75× today ($0.0023) — 0 of the priced supply in the money, 0.0% of shares on issue1× today ($0.0030) — 0 of the priced supply in the money, 0.0% of shares on issue1.25× today ($0.0037) — 0 of the priced supply in the money, 0.0% of shares on issue1.5× today ($0.0045) — 81.0M of the priced supply in the money, 6.2% of shares on issue2× today ($0.0060) — 81.0M of the priced supply in the money, 6.2% of shares on issue3× today ($0.0090) — 142.9M of the priced supply in the money, 11.0% of shares on issue5× today ($0.0150) — 229.3M of the priced supply in the money, 17.6% of shares on issue10× today ($0.0300) — 278.3M of the priced supply in the money, 21.3% of shares on issue0.25×0.5×0.75×now1.25×1.5×10×

At $0.0030 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 81.0M (6.2% 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
RDSAEOptionsPrice-triggered$0.00719 Dec 202661.9MFiling
RDSADOptionsPrice-triggered$0.01923 Jan 202732.0MFiling
RDSAAEOptionsPrice-triggered$0.01017 Sept 202759.4MFiling
RDSAAAOptionsPrice-triggered$0.01623 Nov 202717.0MFiling
RDSAACOptionsPrice-triggered$0.01023 Nov 202827.0MFiling
RDSAADOptionsPrice-triggered$0.00423 Nov 202927.0MFiling
RDSAFOptionsPrice-triggered$0.00420 Nov 203054.0MFiling

“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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7 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
19 Dec 2025Brett HodginsOther10.3M10.0M3Y notice
19 Dec 2025Edward van HeemstOther93.2M10.0M3Y notice
19 Dec 2025Richard HomsanyOther1.4M20.0M3Y 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.