Companies / GEN

GENMIN LIMITED

ASX:GENMaterials
3.46B shares on issueASX (delayed) · as of 28 July 2026$0.008price · delayed$27.7Mmarket cap · indicative
F
Dilution grade

Runway under 2 quarters; share count grew 405% in 24 months; options/rights overhang 39% of shares

Cash runway-0.2 quarters of funding
Share-count growth (24m)404.9%
Raise cadence (24m)2 cash raises
Options & rights overhang39.4% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

GENMIN LIMITED's ordinary share count grew 404.9% between March 2024 and May 2026, to 3.46B shares. The company raised capital twice in that 24-month window for total proceeds of A$18.9M, most recently raising A$17.4M in November 2025. Options and rights on issue could convert into 1.36B new shares, equal to 39.4% of the current share count, with 0% in the money and the nearest expiry in December 2027. At the March 2026 quarter the company reported IQ cash of A$-1.1M, equal to -0.2 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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39.4%
Max option dilution
0.0%
ITM option dilution
1
Raises · last 12 months
-0.2 qtrs
Cash cover · under 2 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 3.46B per ASX (delayed) (28 July 2026).
1.43B2.17B2.92BDec 24Sept 25July 26Cash raise · 12 Nov 2025

Cash runway

-0.2 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$-1.1M 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
6 May 20262A · quoted issueGEN : ORDINARY FULLY PAID3.46BAppendix 2A
7 Apr 20263H · cancellationGEN : ORDINARY FULLY PAID3.46BAppendix 3H
10 Mar 20263H · cancellationGEN : ORDINARY FULLY PAID3.46BAppendix 3H
18 Dec 20252A · quoted issueGEN : ORDINARY FULLY PAID3.44BAppendix 2A
9 Dec 20253H · cancellationORDINARY FULLY PAID1.02BAppendix 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 · 1 in the last 12 months

$17.4M
Capital raise
12 Nov 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

39.4%
Total overhang · of current shares
0.0%
In the money · at current price
1.36B
Potential new shares
Dec 2027
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
29 May 2026John HodderBuy11.8M260.5M$83k3Y notice
7 Apr 2026John HodderSell537.9M265.5M—3Y notice
7 Apr 2026Salvatore Pietro AmicoSell886k295k—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

26 July 2026$PSecures A$3.0 M Director Funding for Baniaka Development
2 June 2026Change of Director's Interest Notice - J Hodder
28 May 2026Results of Meeting
28 May 2026Chair's Address to the Annual General Meeting
12 May 2026$PStrong Interest to Provide Project Finance
6 May 2026Notice under section 708A(5)(e) of the Corporations Act
6 May 2026Application for quotation of securities - GEN
4 May 2026Proposed issue of securities - GEN
30 Apr 2026$PQuarterly Appendix 5B Cash Flow Report
30 Apr 2026$PQuarterly Activities Report
22 Apr 2026Notice of Annual General Meeting/Proxy Form
7 Apr 2026Change of Director's Interest Notice - Hodder
7 Apr 2026Change of Director's Interest Notice - Amico
7 Apr 2026Notification of cessation of securities - GEN
31 Mar 2026Annual Report to shareholders
31 Mar 2026Appendix 4G and Corporate Governance Statement
25 Mar 2026Global IS Conference Presentation
13 Mar 2026AGM Date and Director Nominations
10 Mar 2026Notification of cessation of securities - GEN
22 Feb 2026Offtake MoU with Baowu extended

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