Companies / BPH

BPH ENERGY LTD

ASX:BPHFinancial Services
1.35B shares on issueASX (delayed) · as of 28 July 2026$0.003price · delayed$3.4Mmarket cap · indicative
B
Dilution grade

Share count grew 18% in 24 months; 3 cash raises in 24 months; options/rights overhang 8% of shares

Cash runway14.2 quarters of funding
Share-count growth (24m)18.0%
Raise cadence (24m)3 cash raises
Options & rights overhang8.3% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

BPH ENERGY LTD's ordinary share count increased 18.0% between May 2024 and February 2026, standing at 1.35B shares as of February 2026. The company raised capital three times in that 24‑month window for total proceeds of A$3.0M, most recently via an Options Placement on February 2026 that raised A$543K. Options and rights on issue could convert into 112M new shares, equal to 8.3% of the current share count, with 0% in the money and the nearest expiry in November 2026. At the March 2026 quarter the company reported A$3.3M in cash, equivalent to 14.2 quarters of cover. 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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8.3%
Max option dilution
0.0%
ITM option dilution
3
Raises · last 12 months
14.2 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 1.35B per ASX (delayed) (28 July 2026).
1.25B1.29B1.33BDec 24Sept 25July 26Cash raise · 16 Feb 2026Cash raise · 12 Jan 2026Cash raise · 7 Jan 2026

Cash runway

14.2 qtrs
More than four quarters of funding at the recent spend rate.
$3.3M 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
16 Feb 20262A · quoted issueBPH : ORDINARY FULLY PAID1.35BAppendix 2A
16 Feb 20262A · quoted issueBPH : ORDINARY FULLY PAID1.35BAppendix 2A
16 Feb 20262A · quoted issueBPH : ORDINARY FULLY PAID1.35BAppendix 2A
11 Feb 20263G · unquotedBPH : ORDINARY FULLY PAID1.35BAppendix 3G
20 Jan 20262A · quoted issueBPH : ORDINARY FULLY PAID1.35BAppendix 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 · 3 in the last 12 months

$543k
Options Placement
16 Feb 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

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

8.3%
Total overhang · of current shares
0.0%
In the money · at current price
112.5M
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.
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Director dealings

DateDirectorTypeSharesOptionsValueSource
11 Feb 2026David BreezeOther69.6M28k—3Y notice
24 Dec 2025Tony HustonOther9.4M1.5M$2k3Y notice
24 Dec 2025David BreezeOther696.9M5.0M$9k3Y 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

13 July 2026$PPEP 11 Update
2 July 2026$PPEP11 Update
19 June 2026$PPEP11 Update
16 June 2026$PTrading Halt
11 June 2026$PPEP-11 Update
30 Apr 2026$PQuarterly Activities/Appendix 4C Cash Flow Report
9 Apr 2026Results of Meeting
11 Mar 2026Letter to Shareholders
10 Mar 2026Notice of General Meeting/Proxy Form
1 Mar 2026Change of Director's Interest Notice
23 Feb 2026$PPEP 11 Update
17 Feb 2026$PHalf Yearly Report and Accounts
16 Feb 2026Options Placement
16 Feb 2026Distribution Schedule
16 Feb 2026Top 20 securityholders
16 Feb 2026Application for quotation of securities - BPH
16 Feb 2026Application for quotation of securities - BPH
16 Feb 2026Application for quotation of securities - BPH
16 Feb 2026Update - Proposed issue of securities - BPH
16 Feb 2026Update - Proposed issue of securities - BPH

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