SPECTUR LIMITED
ASX:SP3Technology Hardware & EquipmentToday’s holders own 99.5% of what they think they own, once every option and right converts.
Runway 2–4 quarters; share count grew 39% in 24 months; 1 cash raise in 24 months
SPECTUR LIMITED's ordinary share count rose 39.1% between October 2024 and July 2026, its latest share-count filing, to 416M shares. Over the same 24-month window, the company raised A$2.3M in a single placement in October 2025. Options and rights could convert into 2M new shares, representing 0.5% of the current share count, with none of those securities in the money; the filing does not state an expiry date for these securities. As of its June 2026 quarterly, SPECTUR has 2 to 4 quarters of funding at the recent spend rate. One proposed securities issue (Appendix 3B) is pending with an expected date in December 2026.
Quick answers · 5
Is SP3 raising capital?
Spectur has 1 proposed issue of securities pending under Appendix 3B as at 28 Oct 2026; the most recent raise announced is Placement of $2.3M on 23 Oct 2025.
How much placement capacity does SP3 have left?
About 98% of the 15% placement capacity left, about 2% used in 12 months (estimate). Under ASX Listing Rule 7.1 a company may place up to 15% of its shares in 12 months without shareholder approval.
How much cash does SP3 have?
In its quarterly cash report for the quarter ended 30 June 2026, Spectur reported $1.4M of cash and estimated 7.2 quarters of funding available at its current rate of spending. That is the company's own estimate.
How many options and rights does SP3 have outstanding?
Unexercised options and rights equal 0.5% of Spectur's shares on issue.
How much has SP3's share count grown?
Spectur has 415.9M shares on issue as at 28 Oct 2026, up 39.1% over 24 months according to its Appendix 2A filings.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2AThe form a company lodges to have new securities quoted on the ASX. It restates how many of each class are on issue. quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 17 July 2026 | 2A · quoted issue | SP3 : ORDINARY FULLY PAID | 415.9M | Appendix 2A |
| 1 July 2026 | 3H · cancellation | SP3 : ORDINARY FULLY PAID | 414.7M | Appendix 3H |
| 9 Mar 2026 | 2A · quoted issue | SP3 : ORDINARY FULLY PAID | 414.7M | Appendix 2A |
| 17 Feb 2026 | 2A · quoted issue | SP3 : ORDINARY FULLY PAID | 414.1M | Appendix 2A |
| 20 Jan 2026 | 2A · quoted issue | SP3 : ORDINARY FULLY PAID | 413.2M | Appendix 2A |
Securities on issue over time
Ordinary shares and every option and rights class, month by month over two years. The top edge is the fully diluted count.
Capital raises
1 cash raise in the last 24 months · 0 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 / 7.1ARule 7.1 lets a company issue up to 15% of its shares in 12 months without a shareholder vote. Rule 7.1A adds 10% for smaller companies whose holders approve it. allows 15% of ordinary securities in any 12 months, and every Appendix 3BNotice that a company proposes to issue new securities, such as a placement. The securities are not on issue until a later filing confirms it. states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 2.0M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| SP3AP | Rights | Condition-triggered | — | — | 2.0M | 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. For what expires soon across other listed companies, see the options expiry calendar.
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.
- SP3AFCondition-triggered161k securities → 01 July 2026 Appendix 2A
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 31 Mar 2026 | Darren John Cooper | Other off-market | 15.8M | — | — | — | 3Y notice |
| 1 Dec 2025 | Darren John Cooper | Other incentive | 3.5M | — | — | $53k | 3Y notice |
| 1 Dec 2025 | Marco Correia da Silva | Other incentive | 1.9M | — | — | $28k | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.