OD6 METALS LIMITED
ASX:OD6MaterialsShare count grew 126% in 24 months; runway 2–4 quarters; 5 cash raises in 24 months
OD6 METALS LIMITED's ordinary share count grew 126.4% between June 2024 and June 2026, to 291M shares. The company raised capital five times in that period with disclosed proceeds totaling A$7.0M (note: total covers only raises with disclosed, confirmed proceeds), most recently an Offer of Options (Prospectus) in April 2026. Options and rights on issue could convert into 108M new shares, equal to 36.9% of the current share count, of which 2% are in the money at the current share price; the nearest expiry is October 2026. At the June 2026 quarter the company reported A$2.8M in cash, equal to 2.0 quarters of cover. One proposed securities issue (Appendix 3B) is pending with an expected issue date in September 2027.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | Total on issue after | Source |
|---|---|---|---|---|
| 24 June 2026 | 2A · quoted issue | OD6 : ORDINARY FULLY PAID | 291.4M | Appendix 2A |
| 29 May 2026 | 2A · quoted issue | OD6 : ORDINARY FULLY PAID | 291.0M | Appendix 2A |
| 26 May 2026 | 2A · quoted issue | OD6 : ORDINARY FULLY PAID | 290.9M | Appendix 2A |
| 20 May 2026 | 2A · quoted issue | OD6 : ORDINARY FULLY PAID | 290.8M | Appendix 2A |
| 7 May 2026 | 2A · quoted issue | OD6 : ORDINARY FULLY PAID | 290.6M | Appendix 2A |
Capital raises
5 cash raises in the last 24 months · 3 in the last 12 months
Pending proposed issues
Options & convertible securities
Director dealings
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.