Know the supply before it hits.
Small caps rarely fall on bad news alone — they fall on new shares. DilutionRisk reads every ASX and NZX filing so you see how much supply is coming, and when, before it reaches the market.
Free, no sign-up. Built from public ASX and NZX filings, updated continuously.
How it works
From raw filings to a ranked watchlist
We read the filings
Every Appendix 2A, 3B, and 4C hitting the ASX is ingested and parsed automatically — no manual digging through PDFs.
We build the supply ladder
Options, performance rights, and convertibles are stacked into one picture of how many shares can actually hit the market.
You see the risk first
Rank the whole watchlist by worst-case dilution, expiry cliffs, and cash runway — before the market prices it in.
What you get
The four numbers that matter for dilution
Live activity
Recent dilution-risk signals
Latest 6 material updates from the last 7 days
What we ingest
- Appendix 2A — shares on issue changes
- Appendix 3B — proposed issue of securities
- 4C Cash Flow — runway indicators
Not financial advice
DilutionRisk is an information tool built from public filings. Always verify details in the source documents.
Numbers can change as new filings arrive, parsing improves, or you switch method/spot price.
The next dilution cliff is already in a filing.
Open the screener and see which ASX and NZX names have the most supply queued up right now.
Company deep links work too: /company/ASX/BHP