Companies / GGE

GRAND GULF ENERGY LIMITED

ASX:GGEEnergy
3.12B shares on issueASX (delayed) · as of 28 July 2026$0.002price · delayed$4.7Mmarket cap · indicative
D
Dilution grade

Runway under 2 quarters; share count grew 33% in 24 months; 2 cash raises in 24 months

Cash runway1.3 quarters of funding
Share-count growth (24m)33.1%
Raise cadence (24m)2 cash raises
Options & rights overhang21.2% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

GRAND GULF ENERGY LIMITED's ordinary share count grew 33.1% between August 2024 and February 2026, to 3.12B shares. The company raised capital twice in that period for total proceeds of A$1.2M, most recently A$500K in January 2026. Options and rights on issue could convert into 662M new shares, equal to 21.2% of the current share count, with 0% in the money and the nearest expiry in October 2026. At the March 2026 quarter the company reported A$448K in available cash, about 1.3 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
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21.2%
Max option dilution
0.0%
ITM option dilution
1
Raises · last 12 months
1.3 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 3.12B per ASX (delayed) (28 July 2026).
2.59B2.79B2.98BDec 24Sept 25July 26Cash raise · 28 Jan 2026Cash raise · 9 Apr 2025

Cash runway

1.3 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$448k 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
17 June 20263H · cancellationGGE : ORDINARY FULLY PAID3.12BAppendix 3H
5 May 20263G · unquotedGGE : ORDINARY FULLY PAID3.12BAppendix 3G
1 Apr 20263H · cancellationGGE : ORDINARY FULLY PAID3.12BAppendix 3H
6 Mar 20263G · unquotedGGE : ORDINARY FULLY PAID3.12BAppendix 3G
23 Feb 20263G · unquotedGGE : ORDINARY FULLY PAID3.12BAppendix 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 · 1 in the last 12 months

$500k
Capital raise
28 Jan 2026
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

21.2%
Total overhang · of current shares
0.0%
In the money · at current price
661.8M
Potential new shares
Oct 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
5 May 2026Yann CherruauOther———3Y notice
5 May 2026Fergus KileyOther1.0M28k—3Y notice
15 Oct 2025Keith MartensSell13.8M——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

1 July 2026Grand Gulf optimises land position at the Red Helium Project
17 June 2026Notification of cessation of securities - GGE
5 May 2026Change of Director's Interest Notice -FK, YC
5 May 2026Secondary trading notice Sec708A
5 May 2026Notification regarding unquoted securities - GGE
29 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
28 Apr 2026Results of Meeting
20 Apr 2026$PSurface assay results from Dry Wash Antimony Project
7 Apr 2026$PRed Helium Project
1 Apr 2026Notification of cessation of securities - GGE
19 Mar 2026Notice of General Meeting/Proxy Form
12 Mar 2026Half Yearly Report and Accounts
8 Mar 2026$PGrand Gulf Oil Production
6 Mar 2026Notification regarding unquoted securities - GGE
6 Mar 2026Secondary trading notice
23 Feb 2026Initial/Final Director's Interest Notice (PB,KM)
23 Feb 2026Secondary Trading Notice
23 Feb 2026Notification regarding unquoted securities - GGE
22 Feb 2026Director Appointment/Resignation
17 Feb 2026Secondary trading notice

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