DIABLO RESOURCES LIMITED
ASX:DBOMaterialsShare count grew 292% in 24 months; runway 2–4 quarters; 8 cash raises in 24 months
DIABLO RESOURCES LIMITED's ordinary share count grew 292.1% between February 2025 and July 2026, to 505M shares. The company raised capital eight times in that period for total proceeds of A$12.5M, most recently a A$3.5M placement (with vendor consideration for acquisition) in May 2026. Options and rights on issue could convert into 105M new shares, equal to 20.9% of the current share count, with 0% in the money at present and the nearest expiry in November 2026. At the June 2026 quarter the company reported A$1.1M in cash, equivalent to 2.9 quarters of cover. No proposed securities issues (Appendix 3B) are pending.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | Total on issue after | Source |
|---|---|---|---|---|
| 14 July 2026 | 3G · unquoted | DBO : ORDINARY FULLY PAID | 505.1M | Appendix 3G |
| 5 July 2026 | 2A · quoted issue | DBO : ORDINARY FULLY PAID | 505.1M | Appendix 2A |
| 12 May 2026 | 2A · quoted issue | DBO : ORDINARY FULLY PAID | 294.6M | Appendix 2A |
| 16 Nov 2025 | 3G · unquoted | DBO : ORDINARY FULLY PAID | 235.8M | Appendix 3G |
| 28 Oct 2025 | 2A · quoted issue | DBO : ORDINARY FULLY PAID | 235.8M | Appendix 2A |
Capital raises
8 cash raises in the last 24 months · 4 in the last 12 months
Pending proposed issues
Options & convertible securities
Director dealings
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.