Companies / WNX

WELLNEX LIFE LIMITED

ASX:WNXFood, Beverage & Tobacco
73.0M shares on issueASX (delayed) · snapshot 11 Sept 202675.6M fully diluted+3.5% if every option and right converts$0.083price · delayed$6.1Mmarket cap · indicative

Today’s holders own 96.6% of what they think they own, once every option and right converts.

Low
Dilution risk

Share count grew 160% in 24 months

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runwaycash-generative (no net burn)
Share-count growth (24m)160.5%
Raise cadence (24m)0 cash raises
Options & rights overhang3.5% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

WELLNEX LIFE LIMITED completed an approximately 1-for-50 share consolidation in October 2024. Following this, its ordinary share count grew 160.5% between August 2024 and April 2026, to 73M shares. 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 3M new shares, representing 3.5% of the current share count, all of which are out-of-the-money; the nearest expiry date is February 2027. As of the June 2026 quarter, the company reported A$913K in available cash, with no funding-runway figure applicable as the latest quarter reported non-negative net cash flow.

AI-generated summary of this page's cited filings · updated 11 Sept 2026
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3.5%
Options & rights overhang
0.0%
In-the-money supply
0
Raises · last 12 months
No net burn
Cash cover · cash-generative

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Adjusted for the 1-for-50 consolidation (14 Oct 2024). Latest count 73.0M per ASX (delayed) (snapshot 11 Sept 2026).
30M40M50M60M70MDec 24Oct 25Sept 2673.0M

Cash runway

The latest quarterly report shows no net cash burn, so there is no cash-out date.
$914k 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: $862k cash at quarter end (item 4.6). 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 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
8 Apr 20263H · cancellationWNX : ORDINARY FULLY PAID73.0MAppendix 3H
2 Apr 20262A · quoted issueWNX : ORDINARY FULLY PAID73.0MAppendix 2A
2 Mar 20263H · cancellationWNX : ORDINARY FULLY PAID70.0MAppendix 3H
1 Mar 20263G · unquotedWNX : ORDINARY FULLY PAID70.0MAppendix 3G
6 Jan 20263H · cancellationWNX : ORDINARY FULLY PAID70.0MAppendix 3H
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38 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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4 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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2 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.

About 70% of the 15% placement capacity left — about 30% used by Appendix 3B filings in the last 12 months (estimate, as at 2026-09-12). Holder-approved issues and any later ratification are not deducted, 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

3.5%
Options & rights overhang · of current shares
0.0%
In-the-money supply · at current price
2.6M
Potential new shares
Feb 2027
Nearest expiry
What a price move would switch on
1.3M2.6M$0.083 now0.25× today ($0.021) — 0 of the priced supply in the money, 0.0% of shares on issue0.5× today ($0.042) — 0 of the priced supply in the money, 0.0% of shares on issue0.75× today ($0.062) — 0 of the priced supply in the money, 0.0% of shares on issue1× today ($0.083) — 0 of the priced supply in the money, 0.0% of shares on issue1.25× today ($0.104) — 0 of the priced supply in the money, 0.0% of shares on issue1.5× today ($0.124) — 0 of the priced supply in the money, 0.0% of shares on issue2× today ($0.166) — 0 of the priced supply in the money, 0.0% of shares on issue3× today ($0.249) — 0 of the priced supply in the money, 0.0% of shares on issue5× today ($0.415) — 0 of the priced supply in the money, 0.0% of shares on issue10× today ($0.830) — 1.7M of the priced supply in the money, 2.4% of shares on issue0.25×0.5×0.75×now1.25×1.5×10×

At $0.083 today, 0 securities are in the money (0.0% of shares on issue). No more priced supply until 10× today’s price, which takes it to 1.7M (2.4% 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.
  • 820k 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
WNXAPOptionsPrice-triggered$2.507 Feb 2027820kFiling
WNXADOptionsPrice-triggered$0.6527 Feb 20291.7MFiling

“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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2 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
22 Dec 2025Jeffrey YehOther off-market891k$733k3Y notice
21 July 2025Eric JiangSell1k3Y notice
21 July 2025George KarafotiasSell150k15k3Y notice
21 July 2025Jeffrey YehSell1.7M3Y notice
21 July 2025Zlatko (Zack) BozinovskiSell3Y notice
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14 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.