Companies / BMN

BANNERMAN ENERGY LTD

ASX:BMNEnergy
207.8M shares on issueASX (delayed) · as of 28 July 2026$3.24price · delayed$685.8Mmarket cap · indicative
C
Dilution grade

Runway 2–4 quarters; share count grew 18% in 24 months; 2 cash raises in 24 months

Cash runway2.8 quarters of funding
Share-count growth (24m)18.2%
Raise cadence (24m)2 cash raises
Options & rights overhang1.3% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

BANNERMAN ENERGY LTD's ordinary share count grew 18.2% between July 2024 and July 2026, to 208M shares. The company recorded two capital raises in the 24-month window, with total disclosed proceeds of A$85.0M and the most recent raise on June 2025 showing proceeds of A$85.0M. Options and rights on issue could convert into 3M new shares, equal to 1.3% of the current share count, with 0% in the money and the nearest expiry in November 2026. At the June 2026 quarter the company reported A$47.9M in cash, equivalent to 2.8 quarters of cover. No proposed securities issues (Appendix 3B) are pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
Email me when this grade changes
Alerts are coming soon — this opens a pre-filled email that puts you on the list.
1.3%
Max option dilution
0.0%
ITM option dilution
0
Raises · last 12 months
2.8 qtrs
Cash cover · 2–4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 207.8M per ASX (delayed) (28 July 2026).
184.8M193.2M201.7MDec 24Sept 25July 26Cash raise · 23 June 2025Cash raise · 1 Apr 2025

Cash runway

2.8 qtrs
Two to four quarters of funding at the recent spend rate.
$47.9M available cash at quarter ended 30 June 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 30 June 2026.
Join the waitlist

Issuance timeline

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

DateFormSecurityTotal on issue afterSource
2 July 20262A · quoted issueBMN : ORDINARY FULLY PAID207.8MAppendix 2A
31 Mar 20262A · quoted issueBMN : ORDINARY FULLY PAID207.7MAppendix 2A
31 Mar 20263G · unquotedORDINARY FULLY PAID207.7MAppendix 3G
31 Mar 20263H · cancellationBMN : ORDINARY FULLY PAID207.7MAppendix 3H
14 Jan 20262A · quoted issueBMN : ORDINARY FULLY PAID207.7MAppendix 2A
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
Join the waitlist

Capital raises

2 cash raises in the last 24 months · 0 in the last 12 months

$85.0M
Capital raise
23 June 2025
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
Join the waitlist

Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

1.3%
Total overhang · of current shares
0.0%
In the money · at current price
2.8M
Potential new shares
Nov 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.
Join the waitlist

Director dealings

DateDirectorTypeSharesOptionsValueSource
16 Dec 2025Felicity GoodingOther—11$36k3Y notice
16 Dec 2025Brandon MunroOther—81$252k3Y notice
16 Dec 2025Alison TerryOther—8$25k3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
Join the waitlist

Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
Sign up free — coming soon

Latest announcements

26 July 2026$PQuarterly Activities Report
26 July 2026$PAppendix 5B - Quarterly Cash Flow Report
20 July 2026June 2026 Quarterly Update Webinar
2 July 2026Application for quotation of securities - BMN
28 June 2026Etango Construction Early Works Update
5 May 2026Macquarie Australia Conference 2026 Presentation
28 Apr 2026$PQuarterly Activities Report
28 Apr 2026$PAppendix 5B - Quarterly Cash Flow Report
22 Apr 2026March 2026 Quarterly Update Webinar
7 Apr 2026Change in substantial holding
2 Apr 2026Change in substantial holding
31 Mar 2026Application for quotation of securities - BMN
31 Mar 2026Notification regarding unquoted securities - BMN
31 Mar 2026Notification of cessation of securities - BMN
27 Mar 2026Change in substantial holding
25 Mar 2026Etango Construction Early Works Update
6 Mar 2026Initial Directors' Interest Notices
3 Mar 2026Half Yearly Report and Accounts
3 Mar 2026New Board Appointments
13 Feb 2026Change in substantial holding

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