Companies / MA1

MA CREDIT INCOME TRUST

ASX:MA1Not Applic
279.7M shares on issueASX (delayed) · as of 28 July 2026$2.00price · delayed$556.6Mmarket cap · indicative
F
Dilution gradeprovisional — limited history

Share count grew 69% in 24 months; 6 cash raises in 24 months; options/rights overhang 134% of shares

Cash runwayno data — not a quarterly (4C/5B) cash filer
Share-count growth (24m)68.8%
Raise cadence (24m)6 cash raises
Options & rights overhang134.1% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

MA CREDIT INCOME TRUST's ordinary share count grew 68.8% between April 2025 and July 2026, to 280M shares. The company conducted six capital raises in the 24-month window for total disclosed proceeds of A$430.8M, most recently a Non-Renounceable Entitlement Offer in August 2025 that raised A$190.5M. Options and rights on issue could convert into 375M new shares, equal to 134.1% of the current share count, with 0% in the money at present. The company does not lodge a current quarterly cash report, so no quarterly cash balance or funding-runway figure is disclosed. 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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134.1%
Max option dilution
0.0%
ITM option dilution
2
Raises · last 12 months
Cash cover · not a quarterly filer

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 279.7M per ASX (delayed) (28 July 2026).
190.9M225.8M260.7MMar 25Nov 25July 26Cash raise · 28 Aug 2025Cash raise · 26 Aug 2025Cash raise · 20 June 2025Cash raise · 16 June 2025Cash raise · 14 May 2025Cash raise · 14 Apr 2025

Cash runway

Not a quarterly cash filer. This company does not lodge Appendix 4C/5B quarterly cash reports, so cash runway does not apply.

Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
20 July 20262A · quoted issueMA1 : ORDINARY UNITS FULLY PAID279.7MAppendix 2A
15 June 20262A · quoted issueMA1 : ORDINARY UNITS FULLY PAID279.7MAppendix 2A
14 May 20262A · quoted issueMA1 : ORDINARY UNITS FULLY PAID279.6MAppendix 2A
16 Apr 20262A · quoted issueMA1 : ORDINARY UNITS FULLY PAID279.6MAppendix 2A
13 Mar 20262A · quoted issueMA1 : ORDINARY UNITS FULLY PAID279.5MAppendix 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

6 cash raises in the last 24 months · 2 in the last 12 months

$190.5M
Non-Renounceable Entitlement Offer
28 Aug 2025 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

134.1%
Total overhang · of current shares
0.0%
In the money · at current price
375.0M
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

No director dealing notices (Appendix 3Y) on record.
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.