Companies / TFL

TASFOODS LIMITED

ASX:TFLFood, Beverage & TobaccoSuspended from quotation
387.6M shares on issueASX (delayed) · snapshot 11 Sept 2026413.9M fully diluted+6.8% if every option and right converts$0.005price · delayedmarket cap · indicative

Today’s holders own 93.6% of what they think they own, once every option and right converts.

Not rated
Dilution risk

Not rated — the company is suspended from quotation

This company is suspended from ASX quotation. Scoring is paused until it resumes trading. Not rated means no assessment — not low risk.

MinimalVery high
Not placed on this scale.
Cash runway-3.2 quarters of funding
Share-count growth (24m)0.0%no issuance filings since 2024
Raise cadence (24m)0 cash raises
Options & rights overhang6.8% of shares
In-the-money supplyno data — no exercise price on record
Pending proposed issuesnone

TASFOODS LIMITED has no ordinary share count change data on record since January 2024. The company has not raised capital in the past 24 months and has no pending proposed securities issues. Options and rights on issue could convert into 26M new shares, representing 6.8% of the current share count, with none in the money and no expiry date on record. As of the December 2025 quarter, the company reported negative available cash of A$-3.8M, indicating a funding shortfall of approximately 3.1 quarters based on its recent operating expenditures.

AI-generated summary of this page's cited filings · updated 7 Sept 2026
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6.8%
Options & rights overhang
In-the-money supply · no stated strikes
0
Raises · last 12 months
-3.2 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 387.6M per ASX (delayed) (snapshot 11 Sept 2026).
400M420M440MDec 24Oct 25Aug 26387.6M

Cash runway

-3.2 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$-3.9M cash after burn from the quarter ended 31 Dec 2025 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds. Filed with the quarterly report: $-397k cash at quarter end (item 4.6), 2.1 qtrs of funding on the company’s own estimate. Our figure above carries the filed quarter-end balance forward at the reported spend rate and adds announced raise proceeds.
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13 quarters on record — Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 31 Dec 2025.
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Issuance timeline

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

DateFormSecurityOn issue, per this filingSource
23 Dec 20253H · cancellationTFL : ORDINARY FULLY PAID387.6MAppendix 3H
2 Apr 20243G · unquotedORDINARY FULLY PAID437.1MAppendix 3G
28 Mar 20243H · cancellationTFL : ORDINARY FULLY PAID437.1MAppendix 3H
28 Mar 20243H · cancellationTFL : ORDINARY FULLY PAID437.1MAppendix 3H
28 Mar 20243H · cancellationTFL : ORDINARY FULLY PAID437.1MAppendix 3H
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6 filings on record — 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.
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Full raise history
Issue price, shares issued, brokers and stated purpose for every raise on record.
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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.

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Forward supply calendar
Option expiries and proposed issues on one forward timeline, with the securities each could add.
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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.

No Appendix 3B in the last 12 months reports an issue under the 15% placement capacity (as at 2026-09-12).
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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.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

6.8%
Options & rights overhang · of current shares
In-the-money supply · no stated strikes
26.3M
Potential new shares
Nearest expiry
What a price move would switch on

No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 26.3M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.

CodeSecurityTypeExercise priceExpiryOn issueSource
TFLACPerformance rightsCondition-triggered26.3MFiling 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.

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1 option line 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.
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Director dealings

No director dealing notices (Appendix 3Y) on record.
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Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

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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

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