Companies / SMN

STRUCTURAL MONITORING SYSTEMS PLC

ASX:SMNTechnology Hardware & Equipment
155.6M shares on issueASX (delayed) · as of 28 July 2026$0.40price · delayed$58.4Mmarket cap · indicative
B
Dilution grade

Options/rights overhang 116% of shares; share count grew 13% in 24 months

Cash runway10.8 quarters of funding
Share-count growth (24m)13.3%
Raise cadence (24m)0 cash raises
Options & rights overhang116.2% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

STRUCTURAL MONITORING SYSTEMS PLC's ordinary share count grew 13.3% between June 2024 and January 2026, to 156M shares. The company lodged no capital raises in the 24‑month window. Options and rights on issue could convert into 181M new shares, equal to 116.2% of the current share count, of which 0% are in the money at the current share price; the nearest expiry is November 2027. At the March 2026 quarter the company reported A$6.5M in available cash, sufficient for about 10.8 quarters at its recent spending rate. No proposed securities issues (Appendix 3B) are pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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116.2%
Max option dilution
0.0%
ITM option dilution
0
Raises · last 12 months
10.8 qtrs
Cash cover · over 4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 155.6M per ASX (delayed) (28 July 2026).
148.8M151.3M153.8MDec 24Sept 25July 26

Cash runway

—
Cover not computed for the latest quarter.
$6.5M available cash at quarter ended 31 Mar 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds.
Paid plan
Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 31 Mar 2026.
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Issuance timeline

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

DateFormSecurityTotal on issue afterSource
30 Jan 20262A · quoted issueSMN : CHESS DEPOSITARY INTERESTS 1:1155.6MAppendix 2A
15 Dec 20253H · cancellationSMN : CHESS DEPOSITARY INTERESTS 1:1154.4MAppendix 3H
9 May 20252A · quoted issueSMN : CHESS DEPOSITARY INTERESTS 1:1154.4MAppendix 2A
13 Mar 20252A · quoted issueSMN : CHESS DEPOSITARY INTERESTS 1:1154.3MAppendix 2A
5 Mar 20252A · quoted issueSMN : CHESS DEPOSITARY INTERESTS 1:1154.3MAppendix 2A
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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Capital raises

No equity raises in the last 24 months.
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

116.2%
Total overhang · of current shares
0.0%
In the money · at current price
180.8M
Potential new shares
Nov 2027
Nearest expiry
Paid plan
Per-line options & expiry cliffs
Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.
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Director dealings

DateDirectorTypeSharesOptionsValueSource
8 July 2026Mr Heinrich LoechtekenOther561k240k$207k3Y notice
15 June 2026Mr Heinrich LoechtekenBuy126k240k$52k3Y notice
27 May 2026Mr Heinrich LoechtekenBuy268k—$110k3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

Free account
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

9 July 2026Change of Director's Interest Notice
19 June 2026Change of Director's Interest Notice
4 June 2026Change of Director's Interest Notice
26 May 2026Change of Director's Interest Notice
14 May 2026Change of Director's Interest Notice
28 Apr 2026Investor Webinar & Teleconference Presentation
23 Apr 2026$PQuarterly Activities Report & Appendix 4C
21 Apr 2026March 2026 Quarterly Investor Webinar and Conference Call
13 Mar 2026$PResolution of Court Proceedings
26 Feb 2026$PHalf Year Report & Appendix 4D
16 Feb 2026AEM launches new special-mission radio for global customers
30 Jan 2026Cleansing Notice
30 Jan 2026Application for quotation of securities - SMN
22 Jan 2026$PQuarterly Activities Report & Appendix 4C
23 Dec 2025Results of Annual General Meeting
23 Dec 2025Initial Director's Interest Notice
23 Dec 2025Final Director's Interest Notice
22 Dec 2025Appointment of Neville Bassett AM as Non-Executive Chairman
22 Dec 2025$PCourt Proceedings Update and Director Change
22 Dec 2025AGM Presentation

Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.