Companies / 1MC

MORELLA CORPORATION LIMITED

ASX:1MCMaterials
441.8M shares on issueASX (delayed) · as of 28 July 2026$0.027price · delayed$11.9Mmarket cap · indicative
D
Dilution grade

Runway under 2 quarters; share count grew 56% in 24 months; 3 cash raises in 24 months

Cash runway1.5 quarters of funding
Share-count growth (24m)55.5%
Raise cadence (24m)3 cash raises
Options & rights overhang5.7% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

MORELLA CORPORATION LIMITED's ordinary share count grew 55.5% between August 2024 and May 2026, to 421M shares. The company raised capital three times in that period for total disclosed proceeds of A$4.2M, most recently raising A$2.1M in February 2026. Options and rights on issue could convert into 25M new shares, equal to 5.7% of the current share count, with no in-the-money portion and the nearest expiry in August 2026. At the March 2026 quarter the company reported A$955K in available cash, about 1.5 quarters of funding at its recent spending rate. No proposed securities issues (Appendix 3B) are pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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5.7%
Max option dilution
0.0%
ITM option dilution
2
Raises · last 12 months
1.5 qtrs
Cash cover · under 2 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 441.8M per ASX (delayed) (28 July 2026).
332.2M372.4M412.6MDec 24Sept 25July 26Cash raise · 18 Feb 2026Cash raise · 17 Oct 2025Cash raise · 7 May 2025

Cash runway

1.5 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$955k available cash at quarter ended 31 Mar 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds.
Paid plan
Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 31 Mar 2026.
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Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
13 May 20262A · quoted issue1MC : ORDINARY FULLY PAID414.5MAppendix 2A
13 May 20263G · unquoted1MC : ORDINARY FULLY PAID407.8MAppendix 3G
13 May 20262A · quoted issue1MC : ORDINARY FULLY PAID415.8MAppendix 2A
13 May 20262A · quoted issue1MC : ORDINARY FULLY PAID413.9MAppendix 2A
13 May 20262A · quoted issue1MC : ORDINARY FULLY PAID420.9MAppendix 2A
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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Capital raises

3 cash raises in the last 24 months · 2 in the last 12 months

$2.1M
Capital raise
18 Feb 2026
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

5.7%
Total overhang · of current shares
0.0%
In the money · at current price
25.3M
Potential new shares
Aug 2026
Nearest expiry
Paid plan
Per-line options & expiry cliffs
Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.
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Director dealings

DateDirectorTypeSharesOptionsValueSource
12 May 2026Dan O'NeillBuy1.8M625k$57k3Y notice
12 May 2026B T KuanBuy1.8M750k$57k3Y notice
12 May 2026James BrownBuy4.6M1.4M$141k3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

Free account
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

10 June 2026$PDrilling Strengthens Maiden Resource Potential at Mt Edon
1 June 2026$PMt Edon Drilling Reinforces Broad Rubidium Mineralisation
15 May 2026Change of Director's Interest Notice
13 May 2026Cleansing Notice
13 May 2026Change in substantial holding
13 May 2026Notification regarding unquoted securities - 1MC
13 May 2026Application for quotation of securities - 1MC
13 May 2026Application for quotation of securities - 1MC
13 May 2026Application for quotation of securities - 1MC
13 May 2026Application for quotation of securities - 1MC
29 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
29 Apr 2026Results of Extraordinary General Meeting
30 Mar 2026$PBroad Pegmatite Intercepts in Drilling at Mt Edon
26 Mar 2026Proposed issue of securities - 1MC
26 Mar 2026Proposed issue of securities - 1MC
26 Mar 2026Proposed issue of securities - 1MC
26 Mar 2026Notice of Extraordinary General Meeting/Proxy Form
11 Mar 2026Half Year Accounts
27 Feb 2026Cleansing Statement
27 Feb 2026Application for quotation of securities - 1MC

Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.