Companies / CML

CONNECTED MINERALS LIMITED

ASX:CMLTechnology Hardware & Equipment
50.4M shares on issueASX (delayed) · as of 28 July 2026$0.32price · delayed$17.1Mmarket cap · indicative
B
Dilution grade

Options/rights overhang 63% of shares; 10% of shares in the money; proposed issue pending

Cash runway46.3 quarters of funding
Share-count growth (24m)-3.5%
Raise cadence (24m)0 cash raisesexcludes announced events with no matching share-issuance (Appendix 2A) filing
Options & rights overhang63.1% of shares
In-the-money supply10.4% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

CONNECTED MINERALS LIMITED's ordinary share count declined 3.5% between December 2024 and March 2026, standing at 47M shares as of March 2026. The company did not raise capital in the 24‑month window (count 0). Options and rights on issue could convert into 32M new shares, equal to 63.1% of the current share count, of which 10% are in the money; the nearest expiry is December 2026. At the June 2026 quarter the company reported A$12.7M in available cash, covering about 46.3 quarters at recent spending levels. There are three proposed securities issues (Appendix 3B) pending, the nearest with an expected date in August 2026.

AI-generated summary of this page's cited filings · updated 28 July 2026
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63.1%
Max option dilution
10.4%
ITM option dilution
0
Raises · last 12 months
46.3 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 50.4M per ASX (delayed) (28 July 2026).
50.4M53.3M56.2MDec 24Sept 25July 26

Cash runway

46.3 qtrs
More than four quarters of funding at the recent spend rate.
$12.7M 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.
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Issuance timeline

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

DateFormSecurityTotal on issue afterSource
19 Mar 20262A · quoted issueCML : ORDINARY FULLY PAID44.5MAppendix 2A
19 Mar 20262A · quoted issueCML : ORDINARY FULLY PAID47.2MAppendix 2A
12 Mar 20263G · unquotedCML : ORDINARY FULLY PAID41.4MAppendix 3G
27 Nov 20253G · unquotedCML : ORDINARY FULLY PAID41.4MAppendix 3G
14 May 20253H · cancellationCML : ORDINARY FULLY PAID41.4MAppendix 3H
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

No equity raises in the last 24 months.
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

3 proposed issues 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

63.1%
Total overhang · of current shares
10.4%
In the money · at current price
31.8M
Potential new shares
Dec 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
31 Mar 2025Adam SierakowskiBuy100k4.8M3Y 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

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