Companies / HE8

HELIOS ENERGY LTD

ASX:HE8Energy
3.88B shares on issueASX (delayed) · as of 28 July 2026$0.002price · delayed$5.8Mmarket cap · indicative
C
Dilution grade

Share count grew 41% in 24 months; runway 2–4 quarters; 5 cash raises in 24 months

Cash runway2.6 quarters of funding
Share-count growth (24m)41.4%
Raise cadence (24m)5 cash raises
Options & rights overhang1.1% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

HELIOS ENERGY LTD's ordinary share count grew 41.4% between March 2025 and June 2026, to 3.88B shares. The company raised capital five times in the 24-month window for total proceeds of A$8.8M, most recently reporting A$1.5M in May 2026. Options and rights on issue could convert into 41M new shares, equal to 1.1% of the current share count, with 0% in the money at the current price and the nearest expiry in May 2028. At the March 2026 quarter the company reported A$1.0M in cash, equal to about 2.6 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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1.1%
Max option dilution
0.0%
ITM option dilution
1
Raises · last 12 months
2.6 qtrs
Cash cover · 2–4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 3.88B per ASX (delayed) (28 July 2026).
2.87B3.24B3.62BDec 24Sept 25July 26Cash raise · 19 May 2026Cash raise · 24 June 2025Cash raise · 14 Apr 2025Cash raise · 10 Mar 2025Cash raise · 6 Feb 2025

Cash runway

2.6 qtrs
Two to four quarters of funding at the recent spend rate.
$1.0M 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
10 July 20263H · cancellationHE8 : ORDINARY FULLY PAID3.88BAppendix 3H
2 June 20262A · quoted issueHE8 : ORDINARY FULLY PAID3.88BAppendix 2A
20 Feb 20262A · quoted issueHE8 : ORDINARY FULLY PAID3.35BAppendix 2A
5 Jan 20263H · cancellationHE8 : ORDINARY FULLY PAID3.30BAppendix 3H
23 Dec 20252A · quoted issueHE8 : ORDINARY FULLY PAID3.28BAppendix 2A
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

5 cash raises in the last 24 months · 1 in the last 12 months

$1.5M
Capital raise
19 May 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

1.1%
Total overhang · of current shares
0.0%
In the money · at current price
41.0M
Potential new shares
May 2028
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
15 May 2026John Charles CathcartSell1.4M——3Y notice
19 Dec 2025Mark Hamish LochtenbergOther72.5M——3Y notice
7 May 2025John Charles CathcartBuy1.4M——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

10 July 2026Notification of cessation of securities - HE8
2 July 2026$PDirector Resignation and Appendix 3Z
2 June 2026$PCompletion of Placement and Cleansing Notice
2 June 2026Application for quotation of securities - HE8
22 May 2026Change of Director's Interest Notice - JC
20 May 2026Proposed issue of securities - HE8
20 May 2026$PPlacement
30 Apr 2026$PQuarterly Activities and Cashflow Report
16 Mar 2026December 2025 Half Yearly Report and Accounts
20 Feb 2026Application for quotation of securities - HE8
20 Feb 2026Section 708A(5) Notice
30 Jan 2026$PQuarterly Activities and Cashflow Report
5 Jan 2026Notification of cessation of securities - HE8
23 Dec 2025Change of Director's Interest Notice - ML
23 Dec 2025Section 708A(5) Notice
23 Dec 2025Application for quotation of securities - HE8
23 Dec 2025Application for quotation of securities - HE8
21 Nov 2025Adoption of Updated Constitution
21 Nov 2025Amendment - Results of Annual General Meeting
21 Nov 2025Results of Annual General Meeting

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