Past year: ▼ 84%(0.10c – 0.63c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
25 May 2026capital raising announcement▲ GoodMajor
Rights issue closed with acceptances for 2,461m shares ($2.46m); the remaining 1,687m shares ($1.69m) were shortfall, covered by the underwriter. Related parties took up in full. All shares issued 25 May, completing the ~$4.2m raising at 0.1c.
11 May 2026capital raising announcement● Neutral
The rights issue closing date was extended from 14 May to 20 May 2026, with issue now due 25 May. The board says this gives eligible shareholders more time; the offer remains fully underwritten by CPS Capital.
29 Apr 2026capital raising announcement● Neutral
Rights issue offer booklet and entitlement forms were dispatched to eligible shareholders on 29 April 2026. The offer remains 2-for-3 at 0.1c to raise up to about $4.2m. Administrative step in the existing raising.
21 Apr 2026capital raising announcement● Neutral
Offer booklet for the 2-for-3 rights issue at 0.1c, up to about 4.15bn new shares (~$4.2m), fully underwritten by CPS Capital. Existing shares on issue are stated as 6,222,227,197. Implements the 31 March raising; no new terms beyond the booklet.
10 Apr 2026capital raising announcement● NeutralMajor
CPS Capital has fully underwritten the ~$4.2m 2-for-3 rights issue at 0.1c, and entities tied to Knox and Wing will sub-underwrite $1.0m in total. The board cut directors' fees and salary by 25% and reduced staff. This firms up the March raising's funding.
31 Mar 2026capital raising announcement● NeutralMajor
Red Sky raises $1.0m via a placement of 1,000m shares at 0.1c, plus a 2-for-3 rights issue at 0.1c to raise up to ~$4.2m. Funds go to three Santos-operated Innamincka wells, Killanoola workover and working capital. Issue price is well below the 0.8c 2021 placement. Directors take 200m placement shares, subject to shareholder approval.
What it means for a shareholder
1.00bn new shares at A$0.001 to raise about A$1.0m. That's 18% dilution: every existing holder's slice gets 18% smaller. If you held A$1,000 of shares (1,000,000 at the issue price), your slice goes from 0.0215% to 0.0177% of the company. To keep it you'd need 215,451 more shares - about A$215 at the issue price.
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2 Sept 2021capital raising announcement▲ GoodMajor
Placement and share purchase plan completed, raising $5.1m before costs at 0.8c. The placement was 401.78m shares for $3.214m; the SPP drew 277 applications for $1.84m, short of the $4m target. Funds go to Killanoola seismic and drilling.
What it means for a shareholder
402m new shares at about A$0.0127 to raise about A$5.1m. That's 8.0% dilution: every existing holder's slice gets 8.0% smaller. If you held A$1,000 of shares (78,780 at the issue price), your slice goes from 0.0017% to 0.00156% of the company. To keep it you'd need 6,820 more shares - about A$87 at the issue price.
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30 Aug 2021capital raising announcement● Neutral
Reminder that the share purchase plan at 0.8c closes 31 August, with results due 2 September. Terms (up to $30,000 each, up to $4m) are unchanged from the 11 August booklet. Reminder only.
11 Aug 2021capital raising announcement● Neutral
Offer booklet for the share purchase plan at 0.8c per share: eligible holders can apply for $2,000 to $30,000, targeting up to $4m (500m shares), closing 31 August. Not underwritten. Details of the 9 August announcement.
9 Aug 2021capital raising announcement● NeutralMajor
Red Sky raises $3m through a placement of 375m shares at 0.8c, a 20% discount, and proposes a share purchase plan of up to $4m at the same price. Funds go to Killanoola seismic, drilling and new opportunities. Dilutes existing holders.
What it means for a shareholder
375m new shares at A$0.008 to raise about A$3.0m. That's 7.5% dilution: every existing holder's slice gets 7.5% smaller. If you held A$1,000 of shares (125,000 at the issue price), your slice goes from 0.00269% to 0.00249% of the company. To keep it you'd need 10,099 more shares - about A$81 at the issue price.
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29 Jan 2021capital raising announcement▲ Good
Funds from the $4.3m shortfall and placement are received, with the 0.77m rights issue making $5.07m in total at 0.2c. This funds the Killanoola restart, 3D seismic and the security bond. Fieldwork is expected next quarter after completion.
20 Jan 2021capital raising announcement▲ GoodMajor
Binding commitments for $4.3m at 0.2c: $3.2m (1.6bn shares) of rights issue shortfall plus a $1.1m (550m share) placement. Beer & Co receive 6% fees and 70m options at $0.005. The company says it is now fully funded to complete Killanoola.
24 Dec 2020capital raising announcement▼ BadMajor
Rights issue raised only $771,478 from 385.7m new shares at 0.2c, about 19% of the roughly $4m target. 201.1m came from entitlements and 184.6m from shortfall. About 1.66 billion shortfall shares remain available.
What it means for a shareholder
386m new shares at A$0.002 to raise about A$771,478. That's 14% dilution: every existing holder's slice gets 14% smaller. If you held A$1,000 of shares (500,000 at the issue price), your slice goes from 0.0206% to 0.0177% of the company. To keep it you'd need 79,299 more shares - about A$159 at the issue price.
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13 Nov 2020capital raising announcement● NeutralMajor
Offer document for the 1-for-1 non-renounceable rights issue at 0.2c, up to about $4m, not underwritten. It would double the 2,046m shares on issue. $800k is earmarked for a security bond and $2.3m for Killanoola fieldwork if the acquisition proceeds.
31 July 2020capital raising announcement● NeutralMajor
Red Sky raised A$400,000 before costs by placing 400m shares at 0.1 cents each. That is well below the 0.25 cent price paid in the September 2019 placement. It adds to the share count.
What it means for a shareholder
400m new shares at A$0.001 to raise about A$400,000. That's 20% dilution: every existing holder's slice gets 20% smaller. If you held A$1,000 of shares (1,000,000 at the issue price), your slice goes from 0.0611% to 0.0491% of the company. To keep it you'd need 244,471 more shares - about A$244 at the issue price.
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23 Sept 2019capital raising announcement● NeutralMajor
Red Sky raised A$780,000 from sophisticated investors by issuing 313m shares at 0.25 cents each. Funds go to existing projects, working capital and new opportunities. It resolves the capital raising flagged at the 19 September trading halt.
What it means for a shareholder
313m new shares at A$0.0025 to raise about A$780,000. That's 20% dilution: every existing holder's slice gets 20% smaller. If you held A$1,000 of shares (400,000 at the issue price), your slice goes from 0.0319% to 0.0255% of the company. To keep it you'd need 99,906 more shares - about A$250 at the issue price.
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20 Mar 2019capital raising announcement● NeutralMajor
The placement of 190m shares at 0.18c raised $342,000 before costs, from existing investors using existing placement capacity. Shares on issue rise to about 1.013bn. Funds go to existing projects and working capital; far smaller than the original $2.2m target.
What it means for a shareholder
190m new shares at A$0.0018 to raise about A$342,000. That's 17% dilution: every existing holder's slice gets 17% smaller. If you held A$1,000 of shares (555,556 at the issue price), your slice goes from 0.061% to 0.0505% of the company. To keep it you'd need 115,935 more shares - about A$209 at the issue price.
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8 Mar 2019capital raising announcement● NeutralMajor
Red Sky applied for ministerial consent after amending the Beach deal: it must post an $800,000 escrowed assurance, forfeited if Beach is not released within six months. CEO Knox lends the $800k at 10%, with 66.67m shares subject to approval. It also plans a $342k placement at 0.18c, a steep drop from 0.4c.
22 Aug 2018capital raising announcement▼ BadMajor
The rights issue closed with only 13.3m of 151.7m shares taken up, raising about $53,174 against the roughly $600,000 sought. The board may place the 138.5m-share shortfall within three months. Shares on issue become 772.0m.
8 Aug 2018capital raising announcement● Neutral
Rights issue prospectus and acceptance forms were sent to eligible shareholders on 8 August 2018. Timetable unchanged, closing 17 August. Administrative notice.
31 July 2018capital raising announcement● NeutralMajor
Prospectus for a non-underwritten rights issue of one new share for every five held at 0.4c, to raise up to about $600,000. It closes 17 August 2018. This is the long-delayed rights issue, now with terms set and no underwriter.
31 July 2018capital raising announcement● Neutral
Notice to optionholders: options carry no rights issue entitlement unless exercised before the 3 August record date. Administrative repeat of the rights issue terms.
31 July 2018capital raising announcement● Neutral
Shareholder notice for the rights issue: 1-for-5 at 0.4c, up to 151.7m shares, about $600,000, open only to holders in Australia or New Zealand. Repeats the prospectus timetable; no new information.
31 July 2018capital raising announcement● Neutral
Notice to shareholders outside Australia and New Zealand that they will not be offered the rights issue. Administrative only.
20 July 2017capital raising announcement● NeutralMajor
The full $1,150,000 convertible note converted at 0.3117c a share, issuing 385.3m shares (including capitalised interest) and 184.5m 1c options to Nov 2019. This clears the note debt but sharply increases the share count from 223.4m.
28 June 2017capital raising announcement● NeutralMajor
Placement of 32.5m shares at 0.4c raised $130,000, with 1-for-1 attaching 1c options (to Nov 2019) subject to shareholder approval. Funds go to acquisition due diligence and working capital. The $500k-plus rights issue is still to be timed; shares on issue now 223.4m.
15 Dec 2016capital raising announcement● NeutralMajor
Binding deal with RM Corporate Finance to underwrite a $1m convertible note (8%, converting at the lower of 0.5c or 80% of VWAP) and a $500k rights issue, plus a 50-to-1 share consolidation. Smith and Reinhart leave the board; Le Page and Wing join. Carey becomes non-executive.
14 Nov 2014capital raising announcement● NeutralMajor
Red Sky completes the $300k loan for Cache and the first tranche of a placement: about 420m shares at 0.08c to raise about $336k. A second tranche of about $274k needs shareholder approval. A further $2.4m raising at 0.2c is planned with the acquisition.
17 Jan 2013capital raising announcement● Neutral
Notice for issue of 40m shares on 17 January 2013 at 0.2c, about $80k by calculation. Likely linked to the ATP 946 settlement shares to Resolve Geo (inference); the notice does not say.
What it means for a shareholder
40.0m new shares at A$0.002 to raise about A$80,000. That's 2.3% dilution: every existing holder's slice gets 2.3% smaller. If you held A$1,000 of shares (500,000 at the issue price), your slice goes from 0.0297% to 0.0291% of the company. To keep it you'd need 11,898 more shares - about A$24 at the issue price.
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18 Dec 2012capital raising announcement● Neutral
Notice for issue of 60m shares on 18 December 2012. The price is garbled in the notice (0.00305 cents / $0.305); purpose not stated. Administrative.
