Companies / CXU

CAULDRON ENERGY LIMITED

ASX:CXUEnergy

2.04B shares on issueASX (delayed) · as of 28 July 2026$0.14price · delayed$305.5Mmarket cap · indicative

Dilution grade

Share count grew 66% in 24 months; runway 2–4 quarters; 2 cash raises in 24 months

Cash runway2.2 quarters of funding

Share-count growth (24m)66.1%

Raise cadence (24m)2 cash raises

Options & rights overhang5.4% of shares

In-the-money supply2.2% of shares

Pending proposed issuesnone

CAULDRON ENERGY LIMITED's ordinary share count grew 66.1% between May 2024 and January 2026, to 2.04B shares. The company raised capital twice in that period for total disclosed proceeds of A$3.9M, most recently raising A$1.9M in May 2025. Options and rights on issue could convert into 111M new shares, equal to 5.4% of the current share count, of which 2% are in the money at the current share price; the nearest expiry is November 2026. At the March 2026 quarter the company reported A$2.4M in cash, equivalent to about 2.2 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

5.4%

Max option dilution

2.2%

ITM option dilution

Raises · last 12 months

2.2 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 2.04B per ASX (delayed) (28 July 2026).

Cash runway

2.2 qtrs

Two to four quarters of funding at the recent spend rate.

$2.4M 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)

Date	Form	Security	Total on issue after	Source
25 Feb 2026	3G · unquoted	CXU : ORDINARY FULLY PAID	2.04B	Appendix 3G
5 Jan 2026	3H · cancellation	CXU: ORDINARY FULLY PAID	2.04B	Appendix 3H
5 Jan 2026	2A · quoted issue	CXU: ORDINARY FULLY PAID	2.04B	Appendix 2A
29 Dec 2025	2A · quoted issue	CXU: ORDINARY FULLY PAID	2.00B	Appendix 2A
23 Dec 2025	2A · quoted issue	CXU: ORDINARY FULLY PAID	1.84B	Appendix 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

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

$1.9M

Capital raise

26 May 2025

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

5.4%

Total overhang · of current shares

2.2%

In the money · at current price

111.0M

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

Date	Director	Type	Shares	Options	Value	Source
5 Jan 2026	Michael WELLS	Buy	1.1M	—	$26k	3Y notice
23 Dec 2025	Qiu Derong	Sell	—	10.0M	$150k	3Y notice
22 Dec 2025	Ian Robert MULHOLLAND	Sell	13.9M	6.5M	$55k	3Y notice