12 ASX small caps with under a quarter of cash: none has raised a week on
0 of 12 have raised since 30 October: no placement, new-share notice or trading halt. 8 are down, 3 flat, and Elixir is the only one up. Augustus and Ragnar fell the most, both 20%.
| Ticker | Cash 30 Sep | Filed runway (qtrs) | Price, 30 Oct to 6 Nov | Since the list |
|---|---|---|---|---|
| RAG | $0.09m | 0.16 | 1.5c to 1.2c | 91.4m listed options expire 2 Dec |
| SIX | $0.17m | 0.17 | 6.3c to 5.3c | Holders passed the extra 10% placement capacity |
| PUR | $0.76m | 0.3 | 8.0c to 7.2c | Updated Rio Grande Sur study |
| VAN | $0.72m | 0.3 | 2.5c to 2.2c | Nothing lodged |
| AUG | $0.72m | 0.5 | 3.0c to 2.4c | Nothing lodged |
| SNG | $0.60m | 0.5 | 4.3c to 3.7c | Nothing lodged |
| C29 | $0.22m | 0.59 | 2.0c to 2.0c | Nothing since 30 Oct |
| EXR | $6.02m | 0.7 | 5.7c to 5.9c | $12.1m R&D refund, $1.77m left after repaying the loan |
| PXX | $4.04m | 0.71 | 1.6c to 1.6c | Nothing lodged |
| BKT | $2.11m | 0.75 | 1.1c to 1.1c | Nothing lodged. Financing deadline 30 Nov |
| NPM | $1.62m | 0.81 | 0.7c to 0.6c | Phase 2 drilling finished at Las Openas |
| ANT | $1.12m | 0.9 | 3.9c to 3.5c | Director Luke Martino bought 830k on market, about $30.7k |
RAG's options are 3c with the stock at 1.2c, so not much help. EXR's $25m from Beach lands only on completion, and VAN banked $500k from the Bullabulling sale after quarter end.
RAG and C29 last traded 4 November. Next check: 14 November. General information only, not financial advice.
Try it with your own Claude (free, 1 minute)
The list came from our full database. Your Claude can then look at any one company on it.
- In Claude, open Settings → Connectors. If it says they moved to Customize, click that link.
- Click Add → Add custom connector. Name:
DilutionLens. URL:https://dilutionlens.com/mcp. Click Continue, leave it on No sign-in, then click Add (scroll down if you don't see it). - Open a new chat and ask the prompt below. Claude asks before each lookup, often 3-4 times. Click Allow once each time.
Use DilutionLens to check AUG's dilution risk.Free gives you the risk rating and the options register.
Want cash runway, raise history and the screener?
Use DilutionLens to get AUG's cash runway and raise history.Use DilutionLens to screen for gold explorers with under 2 quarters of cash, shortest first.- These need the paid plan. Then open your account, click Create key, then Copy API key.
- Add the connector as above. On the screen after Continue, under Request headers, click + Add header, pick
x-api-keyand paste your key. Click Add. - Already added the free one? Remove it first: open it, then ⋯ → Remove (not Disconnect). A key can't be added to an existing connector.
If Claude searches the web instead, turn off Research and start with “Use DilutionLens”.