Companies / DXN

DXN LIMITED

ASX:DXNSoftware & Services
368.8M shares on issueASX (delayed) · as of 28 July 2026$0.15price · delayed$57.2Mmarket cap · indicative
C
Dilution grade

Share count grew 97% in 24 months; 2 cash raises in 24 months; 6% of shares in the money

Cash runway18.1 quarters of funding
Share-count growth (24m)97.3%
Raise cadence (24m)2 cash raises
Options & rights overhang8.3% of shares
In-the-money supply6.0% of shares
Pending proposed issuesnone

DXN LIMITED's ordinary share count grew 97.3% between July 2024 and June 2026, to 369M shares. The company raised capital twice in that period for total disclosed proceeds of A$14.0M, most recently a Placement in June 2026 raising A$7.0M. Options and rights on issue could convert into 30M new shares, equal to 8.3% of the current share count, of which 6% are in the money at the current share price; the nearest expiry is December 2026. At the March 2026 quarter the company reported A$8.4M in available cash, equivalent to 18.1 quarters of cover 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
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8.0%
Max option dilution
6.0%
ITM option dilution
2
Raises · last 12 months
18.1 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 368.8M per ASX (delayed) (28 July 2026).
262.0M301.2M340.4MDec 24Sept 25July 26Cash raise · 9 June 2026Cash raise · 5 June 2026

Cash runway

18.1 qtrs
More than four quarters of funding at the recent spend rate.
$8.4M 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)

DateFormSecurityTotal on issue afterSource
25 June 20262A · quoted issueDXN : ORDINARY FULLY PAID368.8MAppendix 2A
12 June 20262A · quoted issueDXN : ORDINARY FULLY PAID368.1MAppendix 2A
15 May 20263H · cancellationDXN : ORDINARY FULLY PAID314.2MAppendix 3H
15 May 20263G · unquotedDXN : ORDINARY FULLY PAID314.2MAppendix 3G
7 Jan 20263G · unquotedORDINARY FULLY PAID312.0MAppendix 3G
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 · 2 in the last 12 months

$7.0M
Placement
9 June 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

8.0%
Total overhang · of current shares
6.0%
In the money · at current price
29.6M
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
4 June 2026Myo OhnSell1.1M—$130k3Y notice
4 June 2026Brendan PowerSell———3Y notice
14 May 2026Shalini LagruttaOther186k5.2M—3Y 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

9 July 2026Change in substantial holding from WAA/WMI
30 June 2026$PStrategic Divestment of Non-Core Tasmanian Data Centre
30 June 2026$PDXN Wins $1M Pacific Telecoms Infrastructure Contract
29 June 2026Becoming a substantial holder from WMI/WAA
25 June 2026Cleansing Notice
25 June 2026Application for quotation of securities - DXN
15 June 2026Cleansing Notice
12 June 2026Change in substantial holding
12 June 2026Application for quotation of securities - DXN
10 June 2026Ceasing to be a substantial holder
9 June 2026Becoming a substantial holder
9 June 2026Proposed issue of securities - DXN
9 June 2026$PDXN Secures Institutional Support for A$7m Placement
8 June 2026$PPause in trading
5 June 2026Change of Director's Interest Notice - M Ohn
5 June 2026Change of Director's Interest Notice - B Power
3 June 2026$PA$8.8m Maiden AI HPC Contract Signed
15 May 2026Change of Director's Interest Notice - S Lagrutta
15 May 2026Notification regarding unquoted securities - DXN
15 May 2026Notification of cessation of securities - DXN

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