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Contributed Equity
12 Months Ended
Jun. 30, 2024
Statement [LineItems]  
Contributed Equity
NOTE 20. CONTRIBUTED EQUITY
 
 
  
 
 
 
Consolidated
 
 
  
 
 
 
June 30, 2024
 
  
June 30, 2023
 
 
  
Note
 
 
A$
 
  
A$
 
Fully paid ordinary shares
     20 (a)      532,443,233        436,610,249  
Options over ordinary shares – listed
       9,661,954        9,661,954  
    
 
 
    
 
 
 
    
 
542,105,187
 
  
 
446,272,203
 
    
 
 
    
 
 
 
(a) Ordinary Shares
 
          
June 30, 2024
   
June 30, 2023
 
    
Note
   
No.
    
A$
   
No.
    
A$
 
At the beginning of reporting period
       1,187,306,209        436,610,249       866,239,815        357,745,803  
Shares issued during the year
     20 (b)      263,777,731        100,235,538       308,010,583        80,082,752  
Transaction costs relating to share issues
       —         (4,841,655     —         (4,145,006
Exercise of performance rights (shares issued during the year)
     20 (b)      1,528,350        439,101       6,908,380        1,881,688  
Conversion of Convertible Notes (shares issued during the period)
       —         —        6,147,431        1,045,012  
    
 
 
    
 
 
   
 
 
    
 
 
 
At reporting date
    
 
1,452,612,290
 
  
 
532,443,233
 
 
 
1,187,306,209
 
  
 
436,610,249
 
    
 
 
    
 
 
   
 
 
    
 
 
 
 
(b) Shares issued
 
           
Issue Price
    
Total
 
2024 Details
  
Number
    
A$
    
A$
 
Share issued under Retail Entitlement Offer
     28,063,871        0.38        10,664,271  
Shares issued under Institutional Placement
     235,713,860        0.38        89,571,267  
Performance rights exercised (transfer from share-based payment reserve)
     1,528,350        0.29        439,101  
  
 
 
       
 
 
 
  
 
265,306,081
 
     
 
100,674,639
 
  
 
 
       
 
 
 
           
Issue Price
    
Total
 
2023 Details
  
Number
    
A$
    
A$
 
Share issued under Retail Entitlement Offer
     47,145,743        0.26        12,257,894  
Shares issued under Institutional Placement
     260,864,840        0.26        67,824,858  
Performance rights exercised (transfer from share-based payment reserve)
     6,908,380        0.27        1,881,688  
Convertible Notes exercised
     6,147,431        0.17        1,045,012  
  
 
 
       
 
 
 
  
 
321,066,394
 
     
 
83,009,452
 
  
 
 
       
 
 
 
Ordinary shares
Ordinary shares entitle the holder to participate in dividends and the proceeds on the winding up of the company in proportion to the number of and amounts paid on the shares held.
The fully paid ordinary shares have no par value and the company does not have a limited amount of authorized capital.
On a show of hands every member present at a meeting in person or by proxy shall have one vote and upon a poll each share shall have one vote.
Options
Information relating to the Company’s Global Employee Share Option Plan, including details of options issued, exercised and lapsed during the year and options outstanding at the end of the reporting period, is set out in note 32.
Unlisted Options
 
Expiration Date
  
Exercise Price
    
Number
 
August 4, 2025
   $ 0.248        847,600  
     
 
 
 
Total
     
 
847,600
 
     
 
 
 
Share
buy-back
There is no current
on-market
share
buy-back.
Capital risk management
The consolidated entity’s objectives when managing capital are to safeguard its ability to continue as a going concern, so that they can continue to provide returns for shareholders and benefits for other stakeholders and to maintain an optimal capital structure to reduce the cost of capital.
 
In order to maintain or adjust the capital structure, the consolidated entity may adjust the amount of dividends paid to shareholders, return capital to shareholders, issue new shares or sell assets to reduce debt.
The consolidated entity would look to raise capital when an opportunity to invest in a business or company was seen as value adding relative to the current parent entity’s share price at the time of the investment. The consolidated entity is not actively pursuing additional investments in the short term as it continues to grow its existing businesses.