XREF LIMITED
ASX:XF1Software & ServicesToday’s holders own 98.5% of what they think they own, once every option and right converts.
Share count grew 16% in 24 months; 2 cash raises in 24 months
XREF LIMITED's ordinary share count grew 16.4% between March 2024 and April 2025, its latest share-count filing, to 220M shares. The company raised capital twice in the 24-month window for total disclosed proceeds of A$3.6M, most recently a Share Purchase Plan in April 2025. Options and rights on issue could convert into 3M new shares, equal to 1.5% of the current share count, none of which are in the money; the nearest expiry falls in February 2027. The latest cash report is a half-year/annual report showing non-negative net cash flow, so no funding-runway figure applies. No proposed securities issues are pending.
Quick answers · 3
How much placement capacity does XF1 have left?
None of the 15% placement capacity counted as used in the last 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.
When do XF1's options expire?
Unexercised options and rights equal 1.5% of Xref's shares on issue; the nearest expiry is Feb 2027.
How much has XF1's share count grown?
Xref has 220.1M shares on issue as at 28 Oct 2026, up 16.4% over 24 months according to its Appendix 2A filings.
Shares on issue — last 2 years
Cash runway
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)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 15 May 2026 | 3H · cancellation | XF1 : ORDINARY FULLY PAID | 220.1M | Appendix 3H |
| 15 May 2026 | 3H · cancellation | XF1 : ORDINARY FULLY PAID | 220.1M | Appendix 3H |
| 18 Mar 2026 | 3H · cancellation | XF1 : ORDINARY FULLY PAID | 220.1M | Appendix 3H |
| 25 Feb 2026 | 3H · cancellation | XF1 : ORDINARY FULLY PAID | 220.1M | Appendix 3H |
| 19 Dec 2025 | 3G · unquoted | XF1 : ORDINARY FULLY PAID | 220.1M | Appendix 3G |
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.
Capital raises
2 cash raises in the last 24 months · 0 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 / 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.
Pending proposed issues
Options & convertible securities
At $0.038 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 2.1M (1.0% 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.
- 1.2M more carries an exercise price above ten times today’s — off the right of this axis, and in every total on this page.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| XF1AV | Options | Price-triggered | $0.42 | 20 Feb 2027 | 533k | Filing |
| XF1AU | Options | Price-triggered | $0.50 | 20 Feb 2027 | 680k | Filing |
| XF1AH | Options | Price-triggered | $0.20 | 21 Nov 2028 | 2.1M | 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. For what expires soon across other listed companies, see the options expiry calendar.
Director dealings
| Date | Director | Type | Shares | Options | Other | Value | Source |
|---|---|---|---|---|---|---|---|
| 18 Mar 2026 | Andrew Jonathan George Newbery | Sell | — | 900k | — | — | 3Y notice |
| 18 Mar 2026 | Jake Phillpot | Sell | — | 900k | — | — | 3Y notice |
| 19 Dec 2025 | Nigel Heap | Other incentive | 32 | 900k | — | — | 3Y notice |
| 19 Dec 2025 | Thomas Stianos | Other incentive | 200k | 1.8M | — | — | 3Y notice |
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.