Companies / MNC

MERINO & CO. LIMITED

ASX:MNCConsumer Durables & Apparel
73.9M shares on issueASX (delayed) · as of 28 July 2026$0.080price · delayed$5.9Mmarket cap · indicative
B
Dilution gradeprovisional — limited history

Runway under 2 quarters

Cash runway0.4 quarters of funding
Share-count growth (24m)0.0%no issuance filings since 2024
Raise cadence (24m)0 cash raises
Options & rights overhang0.4% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

MERINO & CO. LIMITED listed in October 2024 and its disclosure history is short. The company had 53M ordinary shares as of March 2026. No new share‑issuance filings have been lodged since January 2024, and there were zero capital raises in the past 24 months. Options and rights could convert into 300,000 new shares, equal to 0.4% of the current share count, with 0% in the money and the nearest expiry in October 2027. At the March 2026 quarter the company reported A$156K in cash, covering about 0.4 quarters. There are no proposed securities issues (Appendix 3B) pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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0.4%
Max option dilution
0.0%
ITM option dilution
0
Raises · last 12 months
0.4 qtrs
Cash cover · under 2 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 73.9M per ASX (delayed) (28 July 2026).
73.81M73.85M73.90MDec 24Sept 25July 26

Cash runway

0.4 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$156k 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 2 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
9 Mar 20263G · unquotedMNC : ORDINARY FULLY PAID53.1MAppendix 3G
9 Mar 20262A · quoted issueMNC : ORDINARY FULLY PAID53.2MAppendix 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

No equity raises in the last 24 months.
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

0.4%
Total overhang · of current shares
0.0%
In the money · at current price
300k
Potential new shares
Oct 2027
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
25 Feb 2026Fang (Fiona) YueOther———3Y notice
25 Feb 2026Boxiang (Peter) ZhaoOther150k——3Y notice
25 Feb 2026Steven WoolleyOther———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

15 May 2026$PClarification Announcement
11 May 2026$PMerino & Co. Secures $1.1 Million China Order
4 May 2026$PMERINO & CO. SECURES EXCLUSIVE CHINA DISTRIBUTION AGREEMENT
1 May 2026$PReinstatement to Quotation
1 May 2026$PQuarterly Activities Report
30 Apr 2026$PQuarterly Appendix 4C Cash Flow Report
19 Mar 2026Response to Appendix 3Y Query
9 Mar 2026Change of Director's Interest Notice x 3
9 Mar 2026Cleansing Notice
9 Mar 2026Notification regarding unquoted securities - MNC
9 Mar 2026Application for quotation of securities - MNC
27 Feb 2026$PAppendix 4D & Half-Year report
26 Feb 2026$PMerino & Co. receives $300k domestic order
30 Jan 2026$PQuarterly Activities/Appendix 4C Cash Flow Report
6 Jan 2026$PMerino & Co. receives $382k new order
8 Dec 2025$PMerino & Co. lands A$203,000 Shanghai distributor order
8 Dec 2025Appendix 4G & 2025 Corporate Governance Statement
28 Nov 2025Results of AGM 2025
28 Nov 2025$PPresentation to AGM
28 Nov 2025$PChair's Address to Shareholders

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