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Share Capital
 12 Months Ended
Jun. 30, 2024
Share Capital [Abstract]  
Share capital

Note 13. Share capital

 

   2024
Shares		   2023
Shares		   2022
Shares		   2024
A$		   2023
A$		   2022
A$		 
Ordinary shares                        
Fully paid   227,998,346    227,798,346    227,798,346    88,504,043    88,436,263    88,436,263 
    227,998,346    227,798,346    227,798,346    88,504,043    88,436,263    88,436,263 

 

(i)Movements in ordinary shares:

 

Details  Number of
shares		   Total
A$		 
Balance at 30 June 2021   227,246,596    88,361,303 
Issue at $0.12 under ESOP Plan (2021-11-05)   333,000    39,960 
Issue at $0.16 in lieu of payment for services (2021-12-17)   218,750    35,000 
Less: Transaction costs arising on share issues   -    - 
Balance at 30 June 2022   227,798,346    88,436,263 
Less: Transaction costs arising on share issues   -    - 
Balance at 30 June 2023   227,798,346    88,436,263 
Issue at $0.12 on exercise of unlisted options (2024-03-12)   200,000    67,780 
Balance at 30 June 2024   227,998,346    88,504,043 

 

(ii)Ordinary shares

 

Ordinary shares entitle the holder to participate in dividends, and to share in the proceeds of winding up the company in proportion to the number of and amounts paid on the shares held.

 

On a show of hands every holder of ordinary shares present at a meeting in person or by proxy, is entitled to one vote, and upon a poll each share is entitled to one vote.

 

Ordinary shares have no par value and the Company does not have a limited amount of authorized capital.

 

(iii)Options

 

Information relating to options, including details of options issued, exercised and lapsed during the financial year and options outstanding at the end of the reporting period, is set out in notes 14 and 17.