Companies / IPX

IPERIONX LIMITED

ASX:IPXMaterials
362.2M shares on issueASX (delayed) · as of 28 July 2026$3.21price · delayed$1.11Bmarket cap · indicative
C
Dilution grade

Share count grew 39% in 24 months; 3 cash raises in 24 months; runway 4–8 quarters

Cash runway4.5 quarters of funding
Share-count growth (24m)38.8%
Raise cadence (24m)3 cash raises
Options & rights overhang5.0% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

IPERIONX LIMITED's ordinary share count grew 38.8% between July 2024 and July 2026, to 362M shares. The company raised capital three times in that 24-month window for total disclosed proceeds of A$220.0M, most recently a A$50.0M Public Offering (ADS) in July 2026. Options and rights on issue could convert into 18M new shares, equal to 5.0% of the current share count, with none in the money and the nearest expiry in December 2026. At the March 2026 quarter the company reported A$76.0M in available cash, representing 4.5 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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5.0%
Max option dilution
0.0%
ITM option dilution
1
Raises · last 12 months
4.5 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 362.2M per ASX (delayed) (28 July 2026).
312.8M330.9M349.1MDec 24Sept 25July 26Cash raise · 8 July 2026Cash raise · 18 July 2025

Cash runway

4.5 qtrs
More than four quarters of funding at the recent spend rate.
$76.0M 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
15 July 20262A · quoted issueIPX : ORDINARY FULLY PAID362.2MAppendix 2A
8 July 20262A · quoted issueIPX : ORDINARY FULLY PAID362.1MAppendix 2A
17 June 20263H · cancellationIPX : ORDINARY FULLY PAID339.4MAppendix 3H
24 Apr 20263H · cancellationIPX : ORDINARY FULLY PAID339.4MAppendix 3H
2 Apr 20263H · cancellationIPX : ORDINARY FULLY PAID339.4MAppendix 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

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

$50.0M
Public Offering (ADS)
8 July 2026 COMPLETE
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

5.0%
Total overhang · of current shares
0.0%
In the money · at current price
18.0M
Potential new shares
Dec 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
15 July 2026Beverly M. WyseOther106k106k$92k3Y notice
14 July 2026R. Tony TripenyBuy38k—$100k3Y notice
10 July 2026Lorraine M. MartinBuy——$100k3Y 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

21 July 2026Change in substantial holding
15 July 2026Change of Director's Interest Notice x 2
15 July 2026Notice under Section 708A
15 July 2026Application for quotation of securities - IPX
13 July 2026Change of Director's Interest Notice x 3
12 July 2026Change in substantial holding
12 July 2026Ceasing to be a substantial holder
9 July 2026Prospectus Supplement to Shelf Registration Statement
8 July 2026Notice under Section 708A
8 July 2026Application for quotation of securities - IPX
8 July 2026Investor Presentation
8 July 2026Proposed issue of securities - IPX
7 July 2026$PIperionX Offering of American Depositary Shares
7 July 2026Preliminary Prospectus Supplement
1 July 2026$PAcquisition Delivers High Value Critical Minerals
30 June 2026$PIperionX Awarded up to US$6.6M for Titanium Plate
23 June 2026Ceasing to be a substantial holder
17 June 2026Release of Escrow Securities
17 June 2026Notification of cessation of securities - IPX
14 June 2026$PIperionX to Consolidate Big Sandy Critical Mineral Province

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