REVOLVER RESOURCES HOLDINGS LTD
ASX:RRRMaterialsToday’s holders own 71.4% of what they think they own, once every option and right converts.
Runway under 2 quarters; share count grew 24% in 24 months; options/rights overhang 40% of shares
REVOLVER RESOURCES HOLDINGS LTD's ordinary share count grew 23.5% between September 2024 and September 2026, to 337M shares. In the past 24 months, the company undertook three capital raises totalling A$4.9M, with the most recent being a A$3.4M placement and convertible notes issue in February 2026. Existing options and rights could convert to 135M new shares, representing 40.1% of the current share count, with the nearest expiry in September 2026. As of the June 2026 quarter, the company reported negative cash of A$-262K, with a funding cover of -0.3 quarters. No proposed securities issues are currently pending.
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 |
|---|---|---|---|---|
| 9 Sept 2026 | 2A · quoted issue | RRR : ORDINARY FULLY PAID | 337.4M | Appendix 2A |
| 28 Aug 2026 | 2A · quoted issue | RRR : ORDINARY FULLY PAID | 331.4M | Appendix 2A |
| 17 Aug 2026 | 2A · quoted issue | RRR : ORDINARY FULLY PAID | 331.1M | Appendix 2A |
| 3 Aug 2026 | 2A · quoted issue | RRR : ORDINARY FULLY PAID | 314.5M | Appendix 2A |
| 3 Aug 2026 | 2A · quoted issue | RRR : ORDINARY FULLY PAID | 326.7M | Appendix 2A |
Capital raises
2 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-triggered100.1M · 29.7% of sharesOptions and warrants — they convert when the share price clears their exercise price.
- Condition-triggered35.3M · 10.4% of sharesPerformance and incentive rights — they convert when a hurdle is met, not at a price, and can lapse to nothing.
- Converts on terms76 · 0.0% of sharesConvertibles with no exercise price — they convert on their own terms, so they are shares in all but name.
Exercise price on record: 100.1M priced, 35.3M 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 $0.048 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 55.0M (16.3% 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.
- 35.3M (26.0% 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 |
|---|---|---|---|---|---|---|
| RRRAI | Options | Price-triggered | $0.20 | 21 Sept 2026 | 8.4M | Filing |
| RRRAJ | Options | Price-triggered | $0.20 | 21 Sept 2026 | 23.7M | Filing |
| RRRAQ | Options | Price-triggered | $0.20 | 25 Oct 2026 | 3.0M | Filing |
| RRRAR | Options | Price-triggered | $0.20 | 10 Nov 2026 | 9.0M | Filing |
| RRRAN | Options | Price-triggered | $0.20 | 17 May 2027 | 1.0M | Filing |
| RRRAT | Options | Price-triggered | $0.13 | 30 Sept 2028 | 51.3M | Filing |
| RRRAS | Options | Price-triggered | $0.10 | 13 Sept 2029 | 3.6M | Filing |
| RRRAU | Notes | Converts on terms | — | — | 76 | Filing |
| RRRAK | Performance rights | Condition-triggered | — | — | 35.3M | Filing Meeting |
“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.
A condition-triggered class has no exercise price and usually no expiry: what it vests on is set by a shareholder resolution, not by the register. Where the company lodged a notice of meeting before the class first appears here, it is linked as “Meeting” — that is where terms of this kind are put to shareholders. It is not confirmation that the document sets this class’s conditions, and no link appears where there is no such filing.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 30 July 2026 | Patrick Williams | Other incentive | 6.9M | 9.2M | 7.5M | — | 3Y notice |
| 30 July 2026 | Paul McKenna | Other incentive | 6.9M | 9.2M | 7.4M | — | 3Y notice |
| 1 July 2026 | Brian MacDonald | Sell incentive | — | — | — | — | 3Y notice |
| 1 July 2026 | Patrick Williams | Sell incentive | 54.0M | 6.2M | 15.9M | — | 3Y notice |
| 1 July 2026 | Paul McKenna | Sell incentive | — | — | 14.9M | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.