dilutionrisk

ASX:VML

VITAL METALS LIMITED
Snapshot 01 Aug 2026 · 4 instruments
The verdict
If everything converts, today's holders own 96% of what they think they own — and supply worth 6% of today's float can arrive within 12 months.
Where the supply sits
On issue today247.9M
Options & warrants10.5M
Performance rights924K
Fully diluted259.3M
Supply ladder · by strike
16% of dilutive supply is free or already in the money.
Free / no strike
924K
In the money
880K
Within 2× spot
5.6M
Beyond 2× spot
4M
When it can arrive
Q1 25
7.7M
Q4 26
5.6M
Q1 27
880K
Q4 27
4M
Unknown
924K
Overhang vs spot
1% of basic is already in the money at today's spot.
10%10%spot1%
$0$0.431$0.862
Who holds it
100% of the paper has no identified holder.
Unknown 100%
Register · 4 instruments
Option
$0.200 · exp 11 Oct 2026
5.6M
02968340 +3
Option
$0.750 · exp 10 Dec 2027
4M
02968340 +3
Perf right
free · no expiry
924K
03045823 +1
Option
$0.050 · exp 04 Jan 2027
880K
02991272 +2
Filings · 0 shown
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