Companies / STX

STRIKE ENERGY LIMITED

ASX:STXEnergy
3.60B shares on issueASX (delayed) · as of 28 July 2026$0.096price · delayed$356.3Mmarket cap · indicative
C
Dilution grade

Runway under 2 quarters; share count grew 26% in 24 months; 2 cash raises in 24 months

Cash runway-0.3 quarters of funding
Share-count growth (24m)25.8%
Raise cadence (24m)2 cash raises
Options & rights overhang0.2% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

STRIKE ENERGY LIMITED's ordinary share count grew 25.8% between May 2024 and September 2025, to 3.60B shares. The company raised capital twice in the 24‑month window for total proceeds of A$175.3M, most recently a A$87.7M placement in July 2025. Options and rights on issue could convert into 6M new shares, equal to 0.2% of the current share count, with 0% in the money at present. At the March 2026 quarter the company reported iq cash of A$-11.6M, equivalent to -0.3 quarters of cover. 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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0.2%
Max option dilution
0.0%
ITM option dilution
0
Raises · last 12 months
-0.3 qtrs
Cash cover · under 2 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 3.60B per ASX (delayed) (28 July 2026).
3.02B3.23B3.45BDec 24Sept 25July 26Cash raise · 18 July 2025Cash raise · 18 July 2025

Cash runway

-0.3 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$-11.6M 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
15 July 20263H · cancellationSTX : ORDINARY FULLY PAID3.60BAppendix 3H
11 May 20263H · cancellationSTX : ORDINARY FULLY PAID3.60BAppendix 3H
9 Apr 20263H · cancellationSTX : ORDINARY FULLY PAID3.60BAppendix 3H
24 Feb 20263H · cancellationSTX : ORDINARY FULLY PAID3.60BAppendix 3H
15 Dec 20253H · cancellationSTX : ORDINARY FULLY PAID3.60BAppendix 3H
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

2 cash raises in the last 24 months · 0 in the last 12 months

$87.7M
Placement
18 July 2025 COMPLETE
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

0.2%
Total overhang · of current shares
0.0%
In the money · at current price
5.8M
Potential new shares
—
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
20 May 2026John PoyntonSell———3Y notice
14 May 2026Neville PowerBuy769k——3Y notice
1 Apr 2026Jillian HoffmannSell250k5.0M—3Y 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

15 July 2026Operational Update and Listing Rule 3.10A Notice
15 July 2026Notification of cessation of securities - STX
30 June 2026Final Director's Interest Notice - J Poynton
30 June 2026Final Director's Interest Notice - M Hackett
29 June 2026South Erregulla Power Project & Leadership Update
15 June 2026$PWalyering West-1 Flow Test Results
10 June 2026$PSouth Erregulla Power Station Reaches Mechanical Completion
8 June 2026Walyering West Update
1 June 2026Appendix 3X - Shelley Robertson
25 May 2026Appendix 3Y - John Poynton
18 May 2026Appendix 3Y - N Power
11 May 2026Appendix 3Z - Peter Stokes
11 May 2026Notification of cessation of securities - STX
10 May 2026$PBoard and Management Changes
30 Apr 2026$PWalyering West-1 Results
30 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
22 Apr 2026Walyering West Update
15 Apr 2026Walyering West Drilling Commenced
9 Apr 2026Appendix 3Y - Jillian Hoffmann
9 Apr 2026Notification of cessation of securities - STX

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