dilutionrisk

ASX:AR3

AUSTRALIAN RARE EARTHS LIMITED
Snapshot 03 Aug 2026 · 10 instruments
The verdict
If everything converts, today's holders own 76% of what they think they own — and supply worth 2% of today's float can arrive within 12 months.
Where the supply sits
On issue today256.9M
Options & warrants45.7M
Performance rights36.4M
Fully diluted339M
Supply ladder · by strike
65% of dilutive supply is free or already in the money.
Free / no strike
37.5M
In the money
15.6M
Beyond 2× spot
29M
When it can arrive
Q4 26
6.1M
Q4 27
1.8M
Q4 28
3M
Q1 29
15.6M
Q2 29
18.2M
Q3 29
1.1M
Unknown
36.4M
Overhang vs spot
21% of basic is already in the money at today's spot.
10%20%30%spot21%
$0$0.286$0.572
Who holds it
100% of the paper has no identified holder.
Unknown 100%
Register · 10 instruments
Perf right
free · no expiry
36.4M
02943867 +40
Option
$0.278 · exp 21 Apr 2029
18.2M
03108443 +3
Option
$0.100 · exp 30 Mar 2029
15.6M
02943867 +42
Option
$0.325 · exp 26 Nov 2028
3M
03035933 +13
Option
$0.432 · exp 26 Nov 2027
1.8M
02943867 +37
Option
$0.497 · exp 02 Dec 2026
1.6M
02943867 +37
Filings · 0 shown
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