RIGHT RESOURCES LIMITED
ASX:RREMaterialsRunway under 2 quarters; share count grew 22% in 24 months; 2 cash raises in 24 months
RIGHT RESOURCES LIMITED's ordinary share count grew 22.1% between December 2025 and July 2026, to 108M shares. The company raised capital twice in the 24-month window for total disclosed proceeds of A$13.7M, most recently a A$3.7M placement in July 2026. Options and rights on issue could convert into 20M new shares, equal to 15.5% of the current share count, none of which are in the money at the current share price; the nearest expiry is September 2028. At the March 2026 quarter the company reported A$3.6M in available cash, representing about 1.4 quarters of funding at its recent spending rate. One proposed securities issue (Appendix 3B) is pending with an expected issue date in September 2026.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 3 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | Total on issue after | Source |
|---|---|---|---|---|
| 17 July 2026 | 2A · quoted issue | RRE : ORDINARY FULLY PAID | 108.4M | Appendix 2A |
| 2 Feb 2026 | 2A · quoted issue | RRE : ORDINARY FULLY PAID | 91.7M | Appendix 2A |
| 3 Dec 2025 | 2A · quoted issue | RRE : ORDINARY FULLY PAID | 88.8M | Appendix 2A |
Capital raises
2 cash raises in the last 24 months · 2 in the last 12 months
Pending proposed issues
Options & convertible securities
Director dealings
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.