Companies / VTA

VITA RESOURCES NL

ASX:VTAMaterials
95.7M shares on issueASX (delayed) · snapshot 11 Sept 2026114.1M fully diluted+19.2% if every option and right converts$0.016price · delayed$1.5Mmarket cap · indicative

Today’s holders own 83.9% of what they think they own, once every option and right converts.

Very high
Dilution riskprovisional — limited history

Runway under 2 quarters; share count grew 35% in 24 months; 4 cash raises in 24 months; since relisting as VTA; prior history under BMO not included

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runway1.7 quarters of funding
Share-count growth (24m)34.9%since relisting as VTA; prior history under BMO not included
Raise cadence (24m)4 cash raisessince relisting as VTA; prior history under BMO not included
Options & rights overhang19.2% of shares
In-the-money supply0.0% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

VITA RESOURCES NL's ordinary share count increased 34.9% between February 2026 and June 2026, to 96M shares. In that period, the company raised capital four times, for total disclosed proceeds of A$3.1M. The most recent raise was a placement in June 2026 for A$2.9M. Options and rights on issue could convert into 18M new shares, equal to 19.2% of the current share count, with the nearest expiry in August 2027. As of the June 2026 quarter, the company reported A$341K in available cash, with a funding runway of approximately 1.7 quarters. No proposed securities issues are currently pending.

AI-generated summary of this page's cited filings · updated 11 Sept 2026
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19.2%
Options & rights overhang
0.0%
In-the-money supply
4
Raises · last 12 months
1.7 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. Shown since relisting as VTA (2 Feb 2026); prior history under BMO is not included. Latest count 95.7M per ASX (delayed) (snapshot 11 Sept 2026).
75M80M85M90M95MFeb 26May 26Sept 26Cash raise · 10 June 2026Cash raise · 23 Apr 2026Cash raise · 14 Apr 2026Cash raise · 3 Feb 202695.7M

Cash runway

1.7 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
Funds operations to about Nov 2026 at the reported spend rate.
$339k 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: $499k cash at quarter end (item 4.6), 2.6 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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2 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.
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Issuance timeline

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

DateFormSecurityOn issue, per this filingSource
30 June 20262A · quoted issueVTA : ORDINARY FULLY PAID95.7MAppendix 2A
28 June 20263G · unquotedVTA : ORDINARY FULLY PAID76.6MAppendix 3G
29 May 20262A · quoted issueVTA : ORDINARY FULLY PAID76.6MAppendix 2A
28 Apr 20262A · quoted issueVTA : ORDINARY FULLY PAID75.6MAppendix 2A
14 Apr 20262A · quoted issueVTA : ORDINARY FULLY PAID75.6MAppendix 2A
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9 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

4 cash raises in the last 24 months · 4 in the last 12 months · counted since relisting as VTA (2 Feb 2026); prior history under BMO is not included

every 1.4 monthsaverage gap between raises
3.1 monthssince the most recent
3 Feb 202610 June 2026first to most recent in this window
$2.9M
Placement
10 June 2026 ACTIVE
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6 raises on record — 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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3 dated events on record — 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 estimateno share count old enough to measure 15% of. The company has also placed under the additional 10% (Listing Rule 7.1A), which is not counted in this figure.
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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

19.2%
Options & rights overhang · of current shares
0.0%
In-the-money supply · at current price
18.3M
Potential new shares
Aug 2027
Nearest expiry
What this supply is, and what converts it
  • Price-triggered14.8M · 15.4% of shares
    Options and warrants — they convert when the share price clears their exercise price.
  • Condition-triggered3.6M · 3.7% 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: 14.8M priced, 3.6M 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
9.2M18.3M$0.016 now0.25× today ($0.004) — 0 of the priced supply in the money, 0.0% of shares on issue0.5× today ($0.008) — 0 of the priced supply in the money, 0.0% of shares on issue0.75× today ($0.012) — 0 of the priced supply in the money, 0.0% of shares on issue1× today ($0.016) — 0 of the priced supply in the money, 0.0% of shares on issue1.25× today ($0.020) — 0 of the priced supply in the money, 0.0% of shares on issue1.5× today ($0.024) — 0 of the priced supply in the money, 0.0% of shares on issue2× today ($0.032) — 0 of the priced supply in the money, 0.0% of shares on issue3× today ($0.048) — 0 of the priced supply in the money, 0.0% of shares on issue5× today ($0.080) — 5.1M of the priced supply in the money, 5.3% of shares on issue10× today ($0.160) — 5.1M of the priced supply in the money, 5.3% of shares on issue0.25×0.5×0.75×now1.25×1.5×10×

At $0.016 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until today’s price, which takes it to 5.1M (5.3% 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.
  • 3.6M (19.5% 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.
  • 9.7M more carries an exercise price above ten times today’s — off the right of this axis, and in every total on this page.
CodeSecurityTypeExercise priceExpiryOn issueSource
VTAASOptionsPrice-triggered$1.2012 Aug 20275.0MFiling
VTAAWOptionsPrice-triggered$0.1612 Sept 20304.7MFiling
VTAAXOptionsPrice-triggered$0.05629 June 20315.1MFiling
VTAAKPerformance rightsCondition-triggered3.6MFiling

“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.

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4 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.
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Director dealings

DateDirectorTypeSharesOptionsOtherValueSource
29 June 2026Gavin RutherfordOther380k67k3Y notice
29 June 2026Keith RossOther358k67k3Y notice
29 June 2026Raymond MuskettOther503k289k3Y notice
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6 notices on record — 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.