Companies / WAA

WAM ACTIVE LIMITED

ASX:WAAFund / trust
148.6M shares on issueASX (delayed) · snapshot 28 Oct 2026148.6M fully diluted+0.0% if every option and right converts$0.89price · delayed$132.3MMarket capAt the previous close. On a day the price moves, shares × today’s price will differ. Prices delayed.
Moderate
Dilution risk

Share count grew 95% in 24 months; 1 cash raise in 24 months

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runwayno data — a bank, lender, insurer, property or investment vehicle: operating cash flow is not a spend rate, so no funding runway applies
Share-count growth (24m)94.6%
Raise cadence (24m)1 cash raise
Options & rights overhang0.0% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

WAM ACTIVE LIMITED's ordinary share count stood at 149M as of June 2026, marking a 94.6% increase from October 2024. In the past 24 months, it conducted one capital raising, an entitlement offer and placement in January 2026 that generated A$70.7M in total proceeds. Because the company operates as a bank, lender, insurer, property or investment vehicle, its operating cash flow is not a spend rate and no funding-runway figure applies. There are no pending proposed securities issues.

AI-generated summary of this page's cited filings · updated 25 Oct 2026
Quick answers · 2

When did WAA last raise capital?

The last capital raise in Wam Active's filings is Entitlement Offer (non-renounceable) and Placement (Shortfall Offer) of $70.7M announced 30 Jan 2026, one of 1 cash raises in 24 months.

How much has WAA's share count grown?

Wam Active has 148.6M shares on issue as at 28 Oct 2026, up 94.6% over 24 months according to its Appendix 2A filings.

Get told when this changes
Get WAA alerts
Free for up to 2 companies. A daily email when WAA raises money, files a new share issue, drops below 2 quarters of cash or moves risk level.
0.0%
Options & rights overhang
0.0%
In the moneyAn option whose exercise price is below the last closing share price, so converting it pays. These are the options most likely to become new shares soon. supply
1
Raises · last 12 months
—
Cash cover · no runway frame

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 148.6M per ASX (delayed) (snapshot 28 Oct 2026).
75M100M125M150MDec 24Nov 25Oct 26Cash raise · 30 Jan 2026148.6M

Cash runway

No cash runway. This company is a bank, lender, insurer, property or investment vehicle: its operating cash flow is loans, deposits, inventory or portfolio purchases rather than a spend rate, so a funding runway does not apply.

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)

DateFormSecurityOn issue, per this filingSource
30 June 20262A · quoted issueWAA : ORDINARY FULLY PAID148.6MAppendix 2A
29 May 20262A · quoted issueWAA : ORDINARY FULLY PAID148.4MAppendix 2A
2 Mar 20262A · quoted issueWAA : ORDINARY FULLY PAID147.9MAppendix 2A
27 Feb 20262A · quoted issueWAA : ORDINARY FULLY PAID103.1MAppendix 2A
28 Nov 20252A · quoted issueWAA : ORDINARY FULLY PAID77.2MAppendix 2A
Free account
8 filings on record — Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
Free account: 2 full company unlocks every month, no card.
Unlock WAA freeSee plans

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.

Free account
Securities on issue, by class
How the share count and each option and rights class moved, month by month, with every number in a table.
Free account: 2 full company unlocks every month, no card.
Unlock WAA freeSee plans

Capital raises

1 cash raise in the last 24 months · 1 in the last 12 months

$70.7M
Entitlement Offer (non-renounceable) and Placement (Shortfall Offer)
At $1.00, 7.8% below the last close
30 Jan 2026 COMPLETE
Free account
1 raise on record — Full raise history
Issue price, shares issued, brokers and stated purpose for every raise on record.
Free account: 2 full company unlocks every month, no card.
Unlock WAA freeSee plans

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.

Free account
Forward supply calendar
Option expiries and proposed issues on one forward timeline, with the securities each could add.
Free account: 2 full company unlocks every month, no card.
Unlock WAA freeSee plans

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.

No estimate — the only Appendix 3B in the window claiming the 15% capacity states more than the whole allowance, so it cannot be counted.
Free account
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.
Free account: 2 full company unlocks every month, no card.
Unlock WAA freeSee plans

Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

No options or rights over unissued shares on record.

Director dealings

DateDirectorTypeSharesOptionsOtherValueSource
17 Apr 2026KATE THORLEYBuy on-market10k——$10k3Y notice
27 Feb 2026GEOFFREY WILSONBuy entitlement/SPP912k——$912k3Y notice
27 Feb 2026KATE THORLEYBuy entitlement/SPP58k——$58k3Y notice
Free account
16 notices on record — Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
Free account: 2 full company unlocks every month, no card.
Unlock WAA freeSee plans

Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
Free account: 2 full company unlocks every month, no card.
Create free account

Latest announcements

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