Companies / SOP

SYNERTEC CORPORATION LIMITED

ASX:SOPCommercial & Professional Services
640.2M shares on issueASX (delayed) · snapshot 11 Sept 2026673.3M fully diluted+5.2% if every option and right converts$0.081price · delayed$51.9Mmarket cap · indicative

Today’s holders own 95.1% of what they think they own, once every option and right converts.

Low
Dilution risk

Share count grew 23% in 24 months; 1 cash raise in 24 months; options/rights overhang 5% of shares

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runway120.4 quarters of funding
Share-count growth (24m)23.3%
Raise cadence (24m)1 cash raise
Options & rights overhang5.2% of shares
In-the-money supply0.4% of shares
Pending proposed issuesnone

SYNERTEC CORPORATION LIMITED's ordinary share count grew 23.3% between May 2024 and August 2026, reaching 640M shares. The company undertook one capital raise in the past 24 months, a A$6.0M placement in August 2026. Options and rights on issue represent 33M potential new shares, or 5.2% of the current share count, with the nearest expiry in December 2027. At the June 2026 quarter, the company held A$7.9M in available cash, providing approximately 120.4 quarters of funding. No proposed securities issues are currently pending.

AI-generated summary of this page's cited filings · updated 11 Sept 2026
Get told when this changes
Set up alerts
Daily email alerts cover risk-level moves, new raises, pending proposed issues and option expiries for the companies you follow.
5.2%
Options & rights overhang
0.4%
In-the-money supply · most strikes not on record
1
Raises · last 12 months
120.4 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 640.2M per ASX (delayed) (snapshot 11 Sept 2026).
525M550M575M600M625MDec 24Oct 25Sept 26Cash raise · 13 Aug 2026640.2M

Cash runway

120.4 qtrs
More than four quarters of funding at the recent spend rate.
More than three years of funding at the reported spend rate — far enough out that a dated estimate would be false precision.
$7.9M cash after burn from the quarter ended 30 June 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds. Filed with the quarterly report: $2.0M cash at quarter end (item 4.6). Our figure above carries the filed quarter-end balance forward at the reported spend rate and adds announced raise proceeds.
Free account
4 quarters on record — Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 30 June 2026.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Issuance timeline

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

DateFormSecurityOn issue, per this filingSource
19 Aug 20262A · quoted issueSOP : ORDINARY FULLY PAID640.2MAppendix 2A
7 July 20263H · cancellationSOP : ORDINARY FULLY PAID520.4MAppendix 3H
11 June 20262A · quoted issueSOP : ORDINARY FULLY PAID520.0MAppendix 2A
11 June 20262A · quoted issueSOP : ORDINARY FULLY PAID519.8MAppendix 2A
29 May 20263G · unquotedSOP : ORDINARY FULLY PAID519.3MAppendix 3G
Free account
15 filings on record — Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Capital raises

1 cash raise in the last 24 months · 1 in the last 12 months

$6.0M
Placement
13 Aug 2026 COMPLETE
Free account
1 raise on record — Full raise history
Issue price, shares issued, brokers and stated purpose for every raise on record.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

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.

Free account
3 dated events on record — Forward supply calendar
Option expiries and proposed issues on one forward timeline, with the securities each could add.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

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.

About 14% of the 15% placement capacity left — about 86% used by Appendix 3B filings in the last 12 months (estimate, as at 2026-09-12). Holder-approved issues and any later ratification are not deducted, so the true headroom can be higher.
Free account
Placement capacity — LR 7.1 / 7.1A
The filings behind the figure: every Appendix 3B in the window with what it says was issued under 7.1 and 7.1A, each row linked to its filing, and how many shares are left.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

5.2%
Options & rights overhang · of current shares
0.4%
In-the-money supply · most strikes not on record
33.1M
Potential new shares
Dec 2027
Nearest expiry
What this supply is, and what converts it
  • Price-triggered33.0M · 5.2% of shares
    Options and warrants — they convert when the share price clears their exercise price.
    At least 23.4M of it states no exercise price — that much cannot be called in or out of the money.
  • Condition-triggered146k · 0.0% of shares
    Performance and incentive rights — they convert when a hurdle is met, not at a price, and can lapse to nothing.

Exercise price on record: 9.6M priced (of which 2.4M in the money), 23.5M 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.

What a price move would switch on
16.6M33.1M$0.081 now0.25× today ($0.020) — 0 of the priced supply in the money, 0.0% of shares on issue0.5× today ($0.041) — 0 of the priced supply in the money, 0.0% of shares on issue0.75× today ($0.061) — 0 of the priced supply in the money, 0.0% of shares on issue1× today ($0.081) — 2.4M of the priced supply in the money, 0.4% of shares on issue1.25× today ($0.101) — 2.4M of the priced supply in the money, 0.4% of shares on issue1.5× today ($0.121) — 2.4M of the priced supply in the money, 0.4% of shares on issue2× today ($0.162) — 4.8M of the priced supply in the money, 0.7% of shares on issue3× today ($0.243) — 9.6M of the priced supply in the money, 1.5% of shares on issue5× today ($0.405) — 9.6M of the priced supply in the money, 1.5% of shares on issue10× today ($0.810) — 9.6M of the priced supply in the money, 1.5% of shares on issue0.25×0.5×0.75×now1.25×1.5×10×

At $0.081 today, 2.4M securities are in the money (0.4% of shares on issue) — a floor, because an exercise price is on record for only 29.0% of this supply. At double today’s price it is 4.8M (0.7% 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.
  • 23.5M (71.0% 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.
CodeSecurityTypeExercise priceExpiryOn issueSource
SOPAHOptionsPrice-triggered$0.08024 Dec 20272.4MFiling
SOPAIOptionsPrice-triggered$0.1524 Dec 20272.4MFiling
SOPAJOptionsPrice-triggered$0.2024 Dec 20274.8MFiling
SOPAGPerformance rightsCondition-triggered146kFiling Meeting
SOPAKWarrantsPrice-triggered23.4MFiling

“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.

Free account
5 option lines on record — In-the-money value & price ladder
What each line is worth in the money today, the price ladder to the next tranche that converts, and the filing description behind every code.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Director dealings

DateDirectorTypeSharesOptionsOtherValueSource
7 Sept 2026Ian CampbellBuy on-market120k$11k3Y notice
30 June 2026Michael CarrollSell incentive42.4M15.1M3Y notice
10 Apr 2026Johannes RisseeuwBuy on-market3Y notice
Free account
17 notices on record — Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
Free account: 2 full company unlocks every month, no card.
Create free account

Latest announcements

Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.