RIGHT RESOURCES LIMITED
ASX:RREMaterialsToday’s holders own 87.7% of what they think they own, once every option and right converts.
Runway 2–4 quarters; share count grew 27% in 24 months; 2 cash raises in 24 months
RIGHT RESOURCES LIMITED's ordinary share count stood at 128M in July 2026. The company raised capital twice in the past 24 months, for a total disclosed A$13.7M, most recently a A$3.7M placement in July 2026. Options and rights on issue could convert into 20M new shares, representing 15.5% of the current share count, with none currently in the money; the nearest expiry date is September 2028. As of June 2026, the company reported A$7.2M in available cash, sufficient for approximately 2.4 quarters of operations. One proposed securities issue (Appendix 3B) is pending, with an expected issue date in September 2026. The share count movement over the 24-month window is not stated, as the ASX market reading is used for the latest figure.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 4 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 11 Sept 2026 | 2A · quoted issue | RRE : ORDINARY FULLY PAID | 122.0M | Appendix 2A |
| 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 |
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 (122.0M) need not equal the current count above (142.1M).
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 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-triggered16.1M · 11.4% of sharesOptions and warrants — they convert when the share price clears their exercise price.At least 14.9M of it states no exercise price — that much cannot be called in or out of the money.
- Condition-triggered3.8M · 2.7% of sharesPerformance and incentive rights — they convert when a hurdle is met, not at a price, and can lapse to nothing.
Exercise price on record: 1.3M priced, 18.7M 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.
An exercise price is on record for only 6.3% 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 $0.085 today. No more priced supply until 3× today’s price, which takes it to 1.3M (0.9% 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.
- 18.7M (93.7% 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 |
|---|---|---|---|---|---|---|
| RREAD | Options | Price-triggered | — | 1 Sept 2028 | 4.9M | Filing |
| RREAG | Options | Price-triggered | $0.20 | 1 Sept 2028 | 1.3M | Filing |
| RREAE | Options | Price-triggered | — | 27 Oct 2028 | 10.0M | Filing |
| RREAH | Performance rights | Condition-triggered | — | — | 960k | Filing |
| RREAF | Performance rights | Condition-triggered | — | — | 2.8M | 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 |
|---|---|---|---|---|---|---|---|
| 3 Dec 2025 | MICHAEL WILLOUGHBY | Buy on-market | 98k | — | — | $20k | 3Y notice |
| 6 Nov 2025 | MICHAEL WILLOUGHBY | Buy on-market | 105k | — | — | $20k | 3Y notice |
| 30 Oct 2025 | LAUREN AMANDA ROBINSON | Buy on-market | 69k | — | 720k | $13k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.