Companies / AQX

ALICE QUEEN LIMITED

ASX:AQXMaterials
2.32B shares on issueASX (delayed) · as of 28 July 2026$0.006price · delayed$13.9Mmarket cap · indicative
D
Dilution grade

Share count grew 102% in 24 months; 6 cash raises in 24 months; options/rights overhang 81% of shares

Cash runway5.1 quarters of funding
Share-count growth (24m)102.3%
Raise cadence (24m)6 cash raises
Options & rights overhang81.4% of shares
In-the-money supply0.0% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

ALICE QUEEN LIMITED's ordinary share count grew 102.3% between July 2024 and June 2026, to 2.32B shares. The company raised capital six times in that period for total disclosed proceeds of A$8.1M, most recently a A$3.6M rights issue in June 2026 (total covers only raises with disclosed, confirmed proceeds). Options and rights on issue could convert into 1.89B new shares, equal to 81.4% of the current share count, with 0% in the money at the current share price and the nearest expiry in August 2026. At the March 2026 quarter the company reported A$3.5M in available cash, about 5.1 quarters of funding at its recent spending rate. One proposed securities issue (Appendix 3B) is pending, with an expected issue date in August 2026.

AI-generated summary of this page's cited filings · updated 28 July 2026
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81.4%
Max option dilution
0.0%
ITM option dilution
5
Raises · last 12 months
5.1 qtrs
Cash cover · over 4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 2.32B per ASX (delayed) (28 July 2026).
1.39B1.73B2.07BDec 24Sept 25July 26Cash raise · 9 June 2026Cash raise · 28 Apr 2026Cash raise · 10 Feb 2026Cash raise · 17 Oct 2025Cash raise · 15 Sept 2025Cash raise · 15 May 2025

Cash runway

5.1 qtrs
More than four quarters of funding at the recent spend rate.
$3.5M 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
26 June 20262A · quoted issueAQX : ORDINARY FULLY PAID2.32BAppendix 2A
5 May 20263H · cancellationAQX : ORDINARY FULLY PAID1.92BAppendix 3H
30 Mar 20263G · unquotedAQX : ORDINARY FULLY PAID1.92BAppendix 3G
30 Mar 20263G · unquotedAQX : ORDINARY FULLY PAID1.92BAppendix 3G
30 Mar 20263G · unquotedAQX : ORDINARY FULLY PAID1.92BAppendix 3G
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

6 cash raises in the last 24 months · 5 in the last 12 months

$3.6M
Rights Issue
9 June 2026 COMPLETE
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

1 proposed issue pending — Appendix 3B lodged, securities not yet issued. New shares from these issues are not in the counts above until quoted.
Paid plan
Pending issue detail
Size, price, fees, broker and placement-capacity usage for each pending issue.
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Options & convertible securities

81.4%
Total overhang · of current shares
0.0%
In the money · at current price
1.89B
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
26 June 2026Jianying WangBuy348.3M——3Y notice
2 Apr 2026Andrew BuxtonSell—16.0M—3Y notice
2 Apr 2026Jianying WangOther835.2M16—3Y 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

23 July 2026Notice to Option Holders - Expiry of Listed Options
6 July 2026Investor Webinar Invitation
3 July 2026Final Director's Interest Notice
2 July 2026BOARD AND MANAGEMENT CHANGES
28 June 2026Change in substantial holding
28 June 2026Change of Director's Interest Notice
26 June 2026Application for quotation of securities - AQX
26 June 2026RESULTS OF RIGHTS ISSUE
17 June 2026$PDUAL PURPOSE RIG BOOKED FOR HORN ISLAND DRILLING
15 June 2026$PHORN ISLAND PROJECT DEFINITION STUDY
9 June 2026Update - Proposed issue of securities - AQX
9 June 2026$PFurther Extension of Rights Issue Closing Date
31 May 2026Update - Proposed issue of securities - AQX
31 May 2026$PExtension of Rights Issue Closing Date
25 May 2026$PKEY APPOINTMENT TO FAST TRACK EXPLORATION
14 May 2026DISPATCH OF RIGHTS ISSUE MATERIALS
13 May 2026$PSupplementary Prospectus
5 May 2026$PRights Issue Prospectus
5 May 2026Notification of cessation of securities - AQX
5 May 2026QUARTERLY ACTIVITIES AND CASHFLOW REPORTS AMENDED

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