お知らせ • Jul 10
Right Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1 million. Right Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 11,111,111
Price\Range: AUD 0.09
Security Features: Attached Options New Risk • Mar 25
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$13.8m (US$9.58m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 81% per year over the past 5 years. Revenue is less than US$1m (AU$2.9k revenue, or US$2.0k). Market cap is less than US$10m (AU$13.8m market cap, or US$9.58m). New Risk • Jan 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.5m free cash flow). Revenue has declined by 100% over the past year. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (AU$41.3m market cap, or US$28.1m). お知らせ • Nov 27
Right Resources Limited, Annual General Meeting, Nov 27, 2025 Right Resources Limited, Annual General Meeting, Nov 27, 2025. Recent Insider Transactions • Nov 01
Non-Executive Director recently bought AU$81k worth of stock On the 30th of October, Michael Willoughby bought around 460k shares on-market at roughly AU$0.18 per share. This transaction amounted to 44% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$94k more in shares than they have sold in the last 12 months. Board Change • Oct 29
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Director Michael Willoughby was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.