Companies / FHE

FRONTIER ENERGY LIMITED

ASX:FHEMaterials
1.11B shares on issueASX (delayed) · as of 28 July 2026$0.20price · delayed$211.2Mmarket cap · indicative
C
Dilution grade

Share count grew 149% in 24 months; 2 cash raises in 24 months; options/rights overhang 11% of shares

Cash runway38.3 quarters of funding
Share-count growth (24m)148.8%
Raise cadence (24m)2 cash raises
Options & rights overhang10.6% of shares
In-the-money supply0.0% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

FRONTIER ENERGY LIMITED's ordinary share count grew 148.8% between July 2024 and July 2026 to 1.11B shares. The company raised capital twice in that period for total disclosed proceeds of A$121.5M, most recently a placement of A$110.0M in June 2026. Options and rights on issue could convert into 118M new shares, equal to 10.6% of the current share count, with 0% in the money and the nearest expiry in December 2026. At the March 2026 quarter the company reported A$109.0M in available cash, representing 38.3 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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10.6%
Max option dilution
0.0%
ITM option dilution
2
Raises · last 12 months
38.3 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 1.11B per ASX (delayed) (28 July 2026).
639.4M812.8M986.2MDec 24Sept 25July 26Cash raise · 1 June 2026Cash raise · 5 Dec 2025

Cash runway

38.3 qtrs
More than four quarters of funding at the recent spend rate.
$109.0M 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
22 July 20262A · quoted issueFHE : ORDINARY FULLY PAID1.11BAppendix 2A
12 June 20263G · unquotedFHE : ORDINARY FULLY PAID562.6MAppendix 3G
12 June 20263G · unquotedFHE : ORDINARY FULLY PAID562.6MAppendix 3G
2 Mar 20263G · unquotedFHE : ORDINARY FULLY PAID562.6MAppendix 3G
23 Jan 20263H · cancellationFHE : ORDINARY FULLY PAID562.6MAppendix 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

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

$110.0M
Placement
1 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

10.6%
Total overhang · of current shares
0.0%
In the money · at current price
118.3M
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
22 July 2026Guy ChalkleyOther1.3M3.0M—3Y notice
22 July 2026Grant DaveyOther10.0M——3Y notice
22 July 2026Amanda ReidOther375k——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

24 July 2026Change in substantial holding
23 July 2026Change of Director's Interest Notice - Jamie Cullen
23 July 2026Change of Director's Interest Notice - Guy Chalkley
23 July 2026Change of Director's Interest Notice - Dixie Marshall
23 July 2026Change of Director's Interest Notice - Grant Davey
23 July 2026Change of Director's Interest Notice - Amanda Reid
22 July 2026Cleansing notice
22 July 2026Application for quotation of securities - FHE
19 July 2026Proposed issue of securities - FHE
19 July 2026$PMonford appointed as fixed-price EPC contractor
16 July 2026$PCredit approved commitments received for Waroona Project
14 July 2026$PTrading Halt
10 July 2026Results of Meeting
26 June 2026Change of Registered Address
12 June 2026Notification regarding unquoted securities - FHE
12 June 2026Change of Director's Interest Notice
12 June 2026Notification regarding unquoted securities - FHE
9 June 2026Notice of General Meeting/Proxy Form
3 June 2026Proposed issue of securities - FHE
3 June 2026Investor Presentation

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