TZ LIMITED
ASX:TZLTechnology Hardware & EquipmentToday’s holders own 88.7% of what they think they own, once every option and right converts.
Runway under 2 quarters; share count grew 37% in 24 months; 6 cash raises in 24 months
TZ LIMITED has 362M shares as of July 2026. The company raised capital six times in the past 24 months, for total disclosed proceeds of A$4.8M. The latest raise was a placement and entitlement offer completed in June 2026, which brought in A$621K. Options and rights on issue could convert into 46M new shares, representing 12.8% of current shares, with the nearest expiry in May 2029. In the June 2026 quarter, the company reported negative cash of A$-560K, indicating a deficit of approximately 0.5 quarters of funding at its recent spending rate. There are no pending proposed securities issues.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 16 July 2026 | 3H · cancellation | TZL : ORDINARY FULLY PAID | 361.6M | Appendix 3H |
| 14 July 2026 | 2A · quoted issue | TZL : ORDINARY FULLY PAID | 364.6M | Appendix 2A |
| 22 June 2026 | 2A · quoted issue | TZL : ORDINARY FULLY PAID | 360.5M | Appendix 2A |
| 20 May 2026 | 3G · unquoted | TZL : ORDINARY FULLY PAID | 343.9M | Appendix 3G |
| 20 May 2026 | 3G · unquoted | TZL : ORDINARY FULLY PAID | 343.9M | Appendix 3G |
Capital raises
6 cash raises in the last 24 months · 5 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 allows 15% of ordinary securities in any 12 months, and every Appendix 3B states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
At $0.028 today, 0 securities are in the money (0.0% of shares on issue). At double today’s price it is 46.2M (12.8% 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.
- 50k (0.1% 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.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| TZLAA | Options | Price-triggered | $0.050 | 20 May 2029 | 46.2M | Filing |
| TZLAQ | Options | Price-triggered | — | — | 50k | Filing |
“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.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 19 Sept 2025 | Antonino Schiavello | Buy on-market | 47k | — | — | — | 3Y notice |
| 27 June 2025 | John D'Angelo | Buy on-market | 48k | — | — | — | 3Y notice |
| 26 June 2025 | John D'Angelo | Buy on-market | 5k | — | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.