Companies / LTR

LIONTOWN LIMITED

ASX:LTRMaterials
3.18B shares on issueASX (delayed) · as of 28 July 2026$1.23price · delayed$3.77Bmarket cap · indicative
B
Dilution grade

Share count grew 31% in 24 months; 1 cash raise in 24 months

Cash runway12.3 quarters of funding
Share-count growth (24m)31.1%
Raise cadence (24m)1 cash raise
Options & rights overhang0.5% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

LIONTOWN LIMITED's ordinary share count grew 31.1% between June 2024 and February 2026, to 3.18B shares. The company raised capital once in that 24-month window, with proceeds of A$372.1M from a transaction in August 2025; total disclosed proceeds in the period are A$372.1M. Options and rights on issue could convert into 16M new shares, equal to 0.5% of the current share count, with 0% in the money at the current share price. At the March 2026 quarter LIONTOWN reported A$462.7M in available cash, representing 12.3 quarters of cover 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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0.5%
Max option dilution
0.0%
ITM option dilution
1
Raises · last 12 months
12.3 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 3.18B per ASX (delayed) (28 July 2026).
2.58B2.80B3.02BDec 24Sept 25July 26Cash raise · 6 Aug 2025

Cash runway

—
Cover not computed for the latest quarter.
$462.7M 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
29 June 20263G · unquotedORDINARY FULLY PAID3.18BAppendix 3G
29 June 20263H · cancellationLTR : ORDINARY FULLY PAID3.18BAppendix 3H
4 Feb 20262A · quoted issueLTR : ORDINARY FULLY PAID3.18BAppendix 2A
28 Nov 20253G · unquotedORDINARY FULLY PAID2.94BAppendix 3G
28 Nov 20252A · quoted issueLTR : ORDINARY FULLY PAID2.94BAppendix 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

1 cash raise in the last 24 months · 1 in the last 12 months

$372.1M
Capital raise
6 Aug 2025
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

0.5%
Total overhang · of current shares
0.0%
In the money · at current price
15.6M
Potential new shares
—
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
28 Nov 2025Antonino (Tony) OttavianoOther———3Y notice
11 Nov 2025Antonino (Tony) OttavianoSell8.2M—$1.8M3Y notice
5 Nov 2025Antonino (Tony) OttavianoOther135k——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

24 July 2026June 2026 Quarterly Webcast
29 June 2026Notification of cessation of securities - LTR
29 June 2026Notification regarding unquoted securities - LTR
23 June 2026Ceasing to be a substantial holder
4 May 2026Investor Presentation - Macquarie Australia Conference 2026
29 Apr 2026$PMarch 2026 Quarter Presentation
29 Apr 2026$PMarch 2026 Quarterly Activities and Cashflow Report
28 Apr 2026$PEarly works and procurement underway for KV expansion
24 Apr 2026March 2026 Quarterly Webcast
16 Apr 2026Change in substantial holding
8 Apr 2026Appendix 3X - Giselle Collins
7 Apr 2026Appointment of Giselle Collins to Liontown Board
1 Apr 2026Appendix 3Z - Ian Wells
26 Mar 2026Becoming a substantial holder
25 Mar 2026Ceasing to be a substantial holder
24 Mar 2026Becoming a substantial holder
16 Mar 2026Becoming a substantial holder
13 Mar 2026Ceasing to be a substantial holder
11 Mar 2026$PHalf-Year Results and Presentation
11 Mar 2026Half Year Accounts

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