Companies / VBX

VBX LIMITED

ASX:VBXMaterials
83.1M shares on issueASX (delayed) · as of 28 July 2026$0.52price · delayed$39.9Mmarket cap · indicative
C
Dilution gradeprovisional — limited history

Runway under 2 quarters; options/rights overhang 35% of shares

Cash runway-1.2 quarters of funding
Share-count growth (24m)0.0%no issuance filings since 2024
Raise cadence (24m)0 cash raises
Options & rights overhang34.8% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

VBX LIMITED's ordinary share count stood at 43M as of December 2025; there is only one observation in the series and no new share-issuance (Appendix 2A) filings lodged since January 2024. The company did not raise capital in the most recent 24-month window. Options and rights on issue could convert into 29M new shares, equal to 34.8% of the current share count, with 0% in the money and the nearest expiry in June 2028. At the March 2026 quarter the company reported A$-3.2M in available cash, equivalent to -1.2 quarters of funding 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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34.8%
Max option dilution
0.0%
ITM option dilution
0
Raises · last 12 months
-1.2 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 83.1M per ASX (delayed) (28 July 2026).
82.8M83.1M83.4MJune 25Jan 26July 26

Cash runway

-1.2 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$-3.2M 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
18 Dec 20252A · quoted issueVBX : ORDINARY FULLY PAID43.2MAppendix 2A
5 Sept 20253G · unquotedVBX : ORDINARY FULLY PAID40.7MAppendix 3G
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

34.8%
Total overhang · of current shares
0.0%
In the money · at current price
28.9M
Potential new shares
June 2028
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
23 Mar 2026Ryan de FranckBuy100k—$65k3Y notice
2 Dec 2025Richard de FranckBuy150k500k$63k3Y 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

23 July 2026$PBauxite Offtake and Investment Framework Agreement
21 July 2026Investor Presentation - July 2026
30 June 2026$PIndicative Term Sheet Prepayment and Offtake Facility
17 June 2026$PWuudagu Section 43A and Section 156B Applications Approved
27 Apr 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
25 Mar 2026Change of Director's Interest Notice
11 Mar 2026Half Yearly Report and Accounts
4 Mar 2026Corporate Presentation - March 2026
5 Feb 2026Clarification Statement
4 Feb 2026$PWuudagu D, E and F Mineral Resource Estimate
29 Jan 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
28 Jan 2026$PMaterial Improvements to Wuudagu DFS Scope
26 Jan 2026$PMetallurgical Optimisation Improves Beneficiation Recoveries
19 Jan 2026$PWuudagu B and C Mineral Resource Estimate
5 Jan 2026$PWuudagu E and F Exploration Drilling Update
18 Dec 2025Application for quotation of securities - VBX
17 Dec 2025$PWuudagu D Exploration Drilling Update
8 Dec 2025$PWuudagu C Infill Drilling Update
8 Dec 2025Change of Director's Interest Notice
3 Dec 2025$PWuudagu B Infill Drilling Update

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