GREENVALE ENERGY LTD
ASX:GRVEnergyShare count grew 29% in 24 months; 7 cash raises in 24 months; options/rights overhang 8% of shares
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.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | Total on issue after | Source |
|---|---|---|---|---|
| 5 May 2026 | 3H · cancellation | GRV : ORDINARY FULLY PAID | 592.7M | Appendix 3H |
| 26 Mar 2026 | 3H · cancellation | GRV : ORDINARY FULLY PAID | 592.7M | Appendix 3H |
| 24 Feb 2026 | 2A · quoted issue | GRV : ORDINARY FULLY PAID | 592.7M | Appendix 2A |
| 21 Jan 2026 | 3G · unquoted | GRV : ORDINARY FULLY PAID | 588.2M | Appendix 3G |
| 8 Dec 2025 | 3G · unquoted | GRV : ORDINARY FULLY PAID | 588.2M | Appendix 3G |
Capital raises
7 cash raises in the last 24 months · 3 in the last 12 months
Pending proposed issues
Options & convertible securities
Director dealings
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.