REEDY LAGOON CORPORATION LIMITED
ASX:RLCMaterialsToday’s holders own 99.5% of what they think they own, once every option and right converts.
Share count grew 191% in 24 months; 2 cash raises in 24 months; proposed issue pending
REEDY LAGOON CORPORATION LIMITED's ordinary share count grew 191.0% between October 2024 and October 2026, its latest share-count filing, to 2.22B shares. In the 24-month window, the company raised capital twice totalling A$2.5M, most recently a placement for A$700K in October 2026. Options and rights on issue could convert into 11M new shares, equal to 0.5% of the current share count, with none in the money; the nearest expiry is December 2026. The company has more than 4 quarters of funding at the recent spend rate. One proposed securities issue (Appendix 3B) is pending, with an expected issue date in October 2026.
Quick answers · 4
Is RLC raising capital?
Reedy Lagoon Corporation has 1 proposed issue of securities pending under Appendix 3B as at 28 Oct 2026; the most recent raise announced is Placement of $700k on 26 Oct 2026.
How much cash does RLC have?
In its quarterly cash report for the quarter ended 30 June 2026, Reedy Lagoon Corporation reported $44k of cash and estimated 1.0 quarter of funding available at its current rate of spending. That is the company's own estimate.
When do RLC's options expire?
Unexercised options and rights equal 0.5% of Reedy Lagoon Corporation's shares on issue; the nearest expiry is Dec 2026.
How much has RLC's share count grown?
Reedy Lagoon Corporation has 2.22B shares on issue as at 28 Oct 2026, up 191.0% over 24 months according to its Appendix 2A filings.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2AThe form a company lodges to have new securities quoted on the ASX. It restates how many of each class are on issue. quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 27 Oct 2026 | 3G · unquoted | RLC : ORDINARY FULLY PAID | 2.22B | Appendix 3G |
| 23 Oct 2026 | 2A · quoted issue | RLC : ORDINARY FULLY PAID | 2.22B | Appendix 2A |
| 15 Jan 2026 | 3H · cancellation | RLC : ORDINARY FULLY PAID | 776.7M | Appendix 3H |
| 19 Dec 2025 | 3H · cancellation | RLC : ORDINARY FULLY PAID | 776.7M | Appendix 3H |
| 15 Dec 2025 | 3G · unquoted | RLC : ORDINARY FULLY PAID | 776.7M | Appendix 3G |
Securities on issue over time
Ordinary shares and every option and rights class, month by month over two years. The top edge is the fully diluted count.
Capital raises
2 cash raises in the last 24 months · 2 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 / 7.1ARule 7.1 lets a company issue up to 15% of its shares in 12 months without a shareholder vote. Rule 7.1A adds 10% for smaller companies whose holders approve it. allows 15% of ordinary securities in any 12 months, and every Appendix 3BNotice that a company proposes to issue new securities, such as a placement. The securities are not on issue until a later filing confirms it. states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
An exercise price is on record for only 23.8% of this supply, so what is in the money today is not a measurement — the tile above reads “—” for that reason. Of the priced supply, 0 is in the money at $0.0030 today. No more priced supply until 1.5× today’s price, which takes it to 900k (0.0% 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.
- 8.6M (76.2% 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 |
|---|---|---|---|---|---|---|
| RLCAAD | Options | Price-triggered | $0.0069 | 31 Dec 2026 | 900k | Filing |
| RLCAAE | Options | Price-triggered | $0.0043 | 31 Dec 2027 | 900k | Filing |
| RLCAAF | Options | Price-triggered | $0.0059 | 31 Dec 2028 | 900k | Filing |
| — | Options | Price-triggered, no exercise price stated | — | — | 8.6M | 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. For what expires soon across other listed companies, see the options expiry calendar.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 31 Dec 2025 | Adrian C Griffin | Sell | — | 100k | — | — | 3Y notice |
| 31 Dec 2025 | Geoffrey H Fethers | Sell | — | 500k | — | — | 3Y notice |
| 31 Dec 2025 | Jonathan M Hamer | Sell | — | 300k | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.