Companies / GRV

GREENVALE ENERGY LTD

ASX:GRVEnergy
592.7M shares on issueASX (delayed) · as of 28 July 2026$0.038price · delayed$22.5Mmarket cap · indicative
C
Dilution grade

Share count grew 29% in 24 months; 7 cash raises in 24 months; options/rights overhang 8% of shares

Cash runway8.7 quarters of funding
Share-count growth (24m)29.2%
Raise cadence (24m)7 cash raises
Options & rights overhang8.4% of shares
In-the-money supply0.0% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

GREENVALE ENERGY LTD's ordinary share count grew 29.2% between June 2024 and February 2026, to 593M shares. The company raised capital seven times in that period for total disclosed proceeds of A$10.5M, most recently a A$3.4M placement in July 2026. Options and rights on issue could convert into 50M new shares, equal to 8.4% of the current share count, with 0% currently in the money and the nearest expiry in November 2026. At the March 2026 quarter the company reported A$4.3M in available cash, covering 8.7 quarters at recent levels. Two proposed securities issues (Appendix 3B) are pending, the nearest in August 2026.

AI-generated summary of this page's cited filings · updated 28 July 2026
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8.4%
Max option dilution
0.0%
ITM option dilution
3
Raises · last 12 months
8.7 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 592.7M per ASX (delayed) (28 July 2026).
509.1M539.8M570.5MDec 24Sept 25July 26Cash raise · 23 July 2026Cash raise · 6 Nov 2025Cash raise · 31 Oct 2025Cash raise · 2 May 2025Cash raise · 19 Mar 2025Cash raise · 13 Jan 2025

Cash runway

8.7 qtrs
More than four quarters of funding at the recent spend rate.
$4.3M 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
5 May 20263H · cancellationGRV : ORDINARY FULLY PAID592.7MAppendix 3H
26 Mar 20263H · cancellationGRV : ORDINARY FULLY PAID592.7MAppendix 3H
24 Feb 20262A · quoted issueGRV : ORDINARY FULLY PAID592.7MAppendix 2A
21 Jan 20263G · unquotedGRV : ORDINARY FULLY PAID588.2MAppendix 3G
8 Dec 20253G · unquotedGRV : ORDINARY FULLY PAID588.2MAppendix 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

7 cash raises in the last 24 months · 3 in the last 12 months

$3.4M
Placement
23 July 2026 ACTIVE
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

2 proposed issues pending — Appendix 3B lodged, securities not yet issued. New shares from these issues are not in the counts above until quoted.
Paid plan
Pending issue detail
Size, price, fees, broker and placement-capacity usage for each pending issue.
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Options & convertible securities

8.4%
Total overhang · of current shares
0.0%
In the money · at current price
50.1M
Potential new shares
Nov 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
1 July 2026Neil BiddleBuy100k682k$4k3Y notice
15 June 2026Alex CheesemanBuy340k$14k3Y notice
24 Feb 2026Elias (Leo) KhouriSell3Y 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

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