Past year: ▼ 14%(2.30c – 4.50c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
28 Nov 2025capital raising announcement● NeutralMajor
Entitlement offer closed with acceptances for 138.3m shares raising $3.457m, short of the $4.62m maximum. Shares on issue rise to 1.919bn. Note the text states a 2-for-29 ratio, conflicting with the 2-for-19 announced earlier. Globaltec now holds 45.41%.
12 Nov 2025capital raising announcement● Neutral
Offer document released for the entitlement offer: 2 new shares for every 19 at $0.025 to raise about $4.62m, closing 21 November 2025. Restates terms already announced on 4 November; new shares expected to trade 1 December.
6 Nov 2025capital raising announcement● Neutral
Sets out underwriting terms for the entitlement offer: Global Energy Resources underwrites 68.60% of the offer and charges no underwriting fee. Standard termination events apply. Board says shareholder approval is not needed.
4 Nov 2025capital raising announcement● NeutralMajor
Offer to raise up to $4.62m via a non-renounceable entitlement offer, 2 new shares for every 19 held at $0.025. Partially underwritten to $3.21m by major shareholder Global Energy Resources. Funds mainly for the early gas sales initiative. Follows the $5.995m raise at $0.02 in 2024.
16 Sept 2024capital raising announcement● NeutralMajor
Entitlement offer closed with acceptances for 299.7m new shares, raising about $5.99m at $0.02, short of the $8.17m maximum. Shares on issue rise to 1,780.7m; Globaltec now holds 41.72% and New Century 26.88%.
What it means for a shareholder
300m new shares at about A$0.020 to raise about A$6.0m. That's 17% dilution: every existing holder's slice gets 17% smaller. If you held A$1,000 of shares (50,033 at the issue price), your slice goes from 0.00338% to 0.00281% of the company. To keep it you'd need 10,125 more shares - about A$202 at the issue price.
Create a free account to see this worked out for your own holding.
26 Aug 2024capital raising announcement● Neutral
Offer document for the 8-for-29 entitlement offer at $0.02 to raise about $8.17m, closing 12 September 2024. Entitlements are tradeable. Repeats the terms announced the same day; the visible text adds no new figures.
26 Aug 2024capital raising announcement● NeutralMajor
Launches an 8-for-29 renounceable entitlement offer at $0.02 per share to raise up to about $8.17m, partially underwritten to $5.28m by major shareholder Globaltec. Funds are mainly for the Tanjung Enim early gas sales initiative; cash was only $146k at 30 June 2024.
3 June 2019capital raising announcement▼ Bad
NuEnergy granted a fourth deposit extension, to 7 June 2019, with Saujana offering a USD250,000 extension fee due by 4 June. The fee counts toward the deposit and may be forfeited if the deposit is not paid.
16 May 2019capital raising announcement▼ Bad
Saujana E&P asked for, and got, a third extension of the deposit date, now to 31 May 2019. The deposit has still not been paid.
3 May 2019capital raising announcement▼ Bad
Saujana E&P again delayed the deposit, now to 14 May 2019, and pushed its due diligence deadline to 30 June 2019. NuEnergy agreed to both. This is the second deposit delay and adds to doubts over the $38.5m placement.
24 Apr 2019capital raising announcement▼ Bad
Saujana E&P asked for more time on the $7.0m deposit, and NuEnergy gave 7 more business days, to 3 May 2019. This is the first delay in the investment agreement announced on 2 April.
2 Apr 2019capital raising announcement▲ GoodMajor
NuEnergy signed a binding agreement with Malaysia's Saujana E&P for a placement of 1,540,832,050 shares at 2.5c, raising $38.5m for a controlling 51%. A $7.0m deposit is due within 14 business days. Shareholder, due diligence and regulatory approvals are needed, and Saujana gets board control on completion. This addresses the funding thread.
What it means for a shareholder
1.54bn new shares at A$0.025 to raise about A$38.5m. That's 51% dilution: every existing holder's slice gets 51% smaller. If you held A$1,000 of shares (40,000 at the issue price), your slice goes from 0.0027% to 0.00132% of the company. To keep it you'd need 41,617 more shares - about A$1,040 at the issue price.
Create a free account to see this worked out for your own holding.
12 May 2017capital raising announcement● Neutral
Shares from the entitlement offer were issued: 329,434,118 new shares, taking shares on issue to 1,480,955,497. Globaltec and New Century each now hold 32.33%, up from 27.7%, which is consistent with them taking up their entitlements.
10 May 2017capital raising announcement● NeutralMajor
The entitlement offer closed with acceptances for 329.4m of the 575m new shares at 3.5c, leaving a shortfall of 246.3m shares. The shortfall offer stays open to 5 June 2017, so the full $20m looks unlikely to be reached from entitlements alone.
What it means for a shareholder
575m new shares at A$0.035 to raise about A$20.0m. That's 33% dilution: every existing holder's slice gets 33% smaller. If you held A$1,000 of shares (28,571 at the issue price), your slice goes from 0.00248% to 0.00165% of the company. To keep it you'd need 14,267 more shares - about A$499 at the issue price.
Create a free account to see this worked out for your own holding.
13 Apr 2017capital raising announcement● NeutralMajor
NuEnergy launched a renounceable 1-for-2 entitlement offer at 3.5c to raise up to $20m, the company's largest raise since Dec 2015's $9.996m at 2.5c. Planned use: $2.0m for Tanjung Enim development plan preparation, $14.1m exploration and appraisal, $4.3m working capital.
13 Apr 2017capital raising announcement● Neutral
Offer Document for the 1-for-2 renounceable entitlement offer at $0.035, aiming at about $20m, closing 5 May 2017. It repeats the terms announced the same day; the text provided shows no new figures beyond that.
29 Dec 2015capital raising announcement● Neutral
Shortfall shares allotted to underwriters, completing the entitlement offer. NGY now has 1,151,521,379 shares. Globaltec Energy Resources and New Century Energy Resources hold 27.72% each.
23 Dec 2015capital raising announcement▲ GoodMajor
Entitlement offer closed with acceptances for 246.8m new shares. The 153.1m shortfall will be taken up by the underwriters, so the offer raises $9,995,849 before costs, effectively fully subscribed.
30 Nov 2015capital raising announcement● Neutral
Offer document for the $10m entitlement offer at 2.5c (1 for 1.88), closing 18 December 2015. Repeats terms already announced, with risk factors and application details. No new substance.
30 Nov 2015capital raising announcement● NeutralMajor
Partially underwritten entitlement offer to raise $10m at 2.5c, one new share for every 1.88 held, below the earlier 3c placements. Up to about 45% is underwritten by directors Kee and Goh and a Kong-controlled company. Funds target exploration and reserves certification.
18 Dec 2014capital raising announcement▲ GoodMajor
Second placement completed: 333.3m shares at 3c raised A$10m from NCE and GER, resolving the Stage 2 funding thread. Kok Keong Kong replaces Graeme Robertson as chairman; Goh Tian Chuan joins the board; Jonathan Warrand resigns. Funds go to drilling Indonesian PSCs.
What it means for a shareholder
333m new shares at A$0.030 to raise about A$10.0m. That's 44% dilution: every existing holder's slice gets 44% smaller. If you held A$1,000 of shares (33,333 at the issue price), your slice goes from 0.00797% to 0.00443% of the company. To keep it you'd need 26,556 more shares - about A$797 at the issue price.
Create a free account to see this worked out for your own holding.
16 Sept 2014capital raising announcement▲ GoodMajor
Second share subscription agreement signed with NCE and its nominee GER: 333.3m shares at 3c to raise A$10m, following the A$2.5m first stage. Allotment follows shareholder and regulatory approvals. Dato' Sri Dr Goh Tian Chuan, Globaltec's chairman, joins the board on completion.
What it means for a shareholder
333m new shares at A$0.030 to raise about A$10.0m. That's 44% dilution: every existing holder's slice gets 44% smaller. If you held A$1,000 of shares (33,333 at the issue price), your slice goes from 0.00797% to 0.00443% of the company. To keep it you'd need 26,556 more shares - about A$797 at the issue price.
Create a free account to see this worked out for your own holding.
28 Aug 2014capital raising announcement● Neutral
Compliance notice on the 83,333,333-share placement: shares on issue rise from 335,020,698 to 418,354,031, a dilution of 24.87%. No underwriting and no fees. Details the placement already announced.
20 Aug 2014capital raising announcement▲ GoodMajor
Due diligence completed and the placement agreement signed: 83.3m shares at 3c raise A$2.5m (19.9%), split between NCE and its nominee JCM. NCE appoints Kee Yong Wah and Kong Kok Keong as directors. Peter Cockcroft resigns.
What it means for a shareholder
83.3m new shares at A$0.030 to raise about A$2.5m. That's 20% dilution: every existing holder's slice gets 20% smaller. If you held A$1,000 of shares (33,333 at the issue price), your slice goes from 0.00995% to 0.00797% of the company. To keep it you'd need 8,288 more shares - about A$249 at the issue price.
Create a free account to see this worked out for your own holding.
14 Jan 2014capital raising announcement● Neutral
Shortfall shares from the December rights issue were allotted to the underwriters, taking shares on issue to 335,020,698. Farjoy holds 30.68% and Aspac Mining 13.78%. Completes the raising of about $1.87m.
2 Jan 2014capital raising announcement▼ BadMajor
Rights issue closed with acceptances for 33.4m new shares; the shortfall is 37.1m. The underwriter Farjoy takes 20m, so the raising totals $1,867,627.65 before costs, well short of the up to $2.5m sought.
What it means for a shareholder
33.4m new shares at about A$0.0559 to raise about A$1.9m. That's 11% dilution: every existing holder's slice gets 11% smaller. If you held A$1,000 of shares (17,884 at the issue price), your slice goes from 0.00635% to 0.00568% of the company. To keep it you'd need 2,121 more shares - about A$119 at the issue price.
Create a free account to see this worked out for your own holding.
29 Nov 2013capital raising announcement● Neutral
Shareholder mailing notices for the rights issue. Farjoy and Aspac say they will take up their entitlements. Funds available would be $3.5m if fully subscribed or $2.7m if not (including Farjoy and Aspac take-up). Ineligible overseas holders get no offer.
28 Nov 2013capital raising announcement▼ BadMajor
Partially underwritten 1-for-4 non-renounceable rights issue at 3.5c to raise up to about $2.5m, underwritten by Farjoy to $700,000. This is well below the 7.5c April 2013 issue price. Funds go mainly to the Muara Enim pilot program, alongside $1.0m cash on hand.
28 Nov 2013capital raising announcement● Neutral
Offer document for the 1-for-4 rights issue at 3.5c, raising up to about $2.5m, partially underwritten by Farjoy; closes 27 December 2013. Repeats the terms already announced, adding risk factors and the application process.
23 Apr 2013capital raising announcement● Neutral
Allotment of the shortfall shares to the underwriters is complete, completing the $6m rights issue. NuEnergy now has 281,659,907 ordinary shares on issue, up from about 201m.
