Dilution Watch
The week in ASX capital raises and dilution, from the filings themselves. New edition each week.
Dilution Watch — 21 September 2026
16 raises for about A$360M, led by a A$250M placement at nil discount that grows the register 12.5%, while the four smallest raises of the week priced up to 37.5% under the close and one more than doubles its share count. Seventeen raise halts in five sessions, 38 retail offers open, 373 more companies with a cash-cover band from their half-year and annual reports, and this week's two Sydney conferences scored through the filings: last year 3 of 7 Coffee Microcaps presenters raised A$25.5M within 90 days of pitching.
Dilution Watch — week ending 15 September 2026
8 raises for about A$46M, led by a A$28.7M rights issue at 1.8 cents, underwritten up to A$15.65M by debt conversion from its largest holder. Eight raise halts in five sessions, 32 retail offers open, three Tuesday placements that all drew on the extra 10% mandate, and a 49% discount on a placement that more than doubles the register.
Dilution Watch — week ending 10 September 2026
19 raises for about A$302M, led by a A$124M underwritten placement plus a A$10M SPP. Ten raise halts in five sessions after 21 the week before, 29 retail offers open, a A$45M placement that drew on both the 15% and the extra 10%, and a company on its nineteenth raise in 24 months.
Dilution Watch — week ending 3 September 2026
24 raises for A$200.7M, led by an A$80.2M entitlement offer. Twenty-one raise halts in five sessions against eleven in each of the two weeks before, 29 retail offers open, an overhang larger than the whole register behind a A$3M placement, and a tenth raise in 24 months.
Dilution Watch — week ending 20 August 2026
14 raises for A$306.8M, led by a A$162.7M placement. Nine raise halts in five sessions, 27 retail offers open, a 90%-of-register overhang behind a A$2M placement, and two raisers under one quarter of cash.
Dilution Watch — week ending 13 August 2026
20 raises for A$431M, led by a A$241M placement-plus-SPP. Eleven trading halts for raises in five sessions, twenty retail offers open, and two raisers whose reported cash had already gone negative.
Dilution Watch — week ending 6 August 2026
17 raises for A$142.3M, led by a A$50M IPO. A 73%-of-register options overhang, five raisers under two quarters of cash, and one raise after the cash ran out.