Companies / WLE

WAM LEADERS LIMITED

ASX:WLEFund / trust
1.62B shares on issueASX (delayed) · snapshot 28 Oct 20261.62B fully diluted+0.0% if every option and right converts$1.29price · delayed$2.08BMarket capAt the previous close. On a day the price moves, shares × today’s price will differ. Prices delayed.
Low
Dilution risk

Share count grew 18% 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)18.4%
Raise cadence (24m)1 cash raise
Options & rights overhang0.0% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

WAM LEADERS LIMITED's ordinary share count increased 18.4% between July 2024 and September 2026, its latest share-count filing, to 1.62B shares. Over that period the company raised capital once, via a Placement and Share Purchase Plan in August 2026, for total proceeds of A$313.0M. The company is a listed investment vehicle, so no funding-runway figure is applicable. No options or rights overhang data is on file, and no proposed securities issues are currently pending.

AI-generated summary of this page's cited filings · updated 17 Oct 2026
Quick answers · 3

When did WLE last raise capital?

The last capital raise in Wam Leaders's filings is Placement and Share Purchase Plan of $313.0M announced 10 Aug 2026, one of 1 cash raises in 24 months.

How much placement capacity does WLE have left?

About 18% of the 15% placement capacity left, about 82% used in 12 months (estimate). Under ASX Listing Rule 7.1 a company may place up to 15% of its shares in 12 months without shareholder approval.

How much has WLE's share count grown?

Wam Leaders has 1.62B shares on issue as at 28 Oct 2026, up 18.4% over 24 months according to its Appendix 2A filings.

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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 1.62B per ASX (delayed) (snapshot 28 Oct 2026).
1.4B1.5B1.6BDec 24Nov 25Oct 26Cash raise · 10 Aug 20261.62B

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
4 Sept 20262A · quoted issueWLE : ORDINARY FULLY PAID1.62BAppendix 2A
14 Aug 20262A · quoted issueWLE : ORDINARY FULLY PAID1.55BAppendix 2A
30 Apr 20262A · quoted issueWLE : ORDINARY FULLY PAID1.38BAppendix 2A
17 Nov 20252A · quoted issueWLE : ORDINARY FULLY PAID1.38BAppendix 2A
29 Apr 20252A · quoted issueWLE : ORDINARY FULLY PAID1.37BAppendix 2A
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8 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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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.

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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.
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Capital raises

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

$313.0M
Placement and Share Purchase Plan
At $1.32, 5% below the last close
10 Aug 2026 COMPLETE
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1 raise 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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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 / 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.

About 18% of the 15% placement capacity left — about 82% used by Appendix 3B filings in the last 12 months (estimate, as at 2026-10-28). Shares issued with holder approval are not added to the base, so the true headroom can be higher.
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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

No options or rights over unissued shares on record.

Director dealings

DateDirectorTypeSharesOptionsOtherValueSource
4 Sept 2026GEOFFREY WILSONBuy entitlement/SPP23k——$30k3Y notice
4 Sept 2026Kate ThorleyOther entitlement/SPP23k——$30k3Y notice
30 Apr 2026Kate ThorleyOther DRP554——$7373Y notice
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22 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 28 Oct 2026.