New Risk • May 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 19% per year over the past 5 years. Revenue is less than US$1m (AU$27k revenue, or US$19k). Market cap is less than US$10m (AU$9.97m market cap, or US$7.21m). New Risk • Mar 26
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 Earnings have declined by 19% per year over the past 5 years. Revenue is less than US$1m (AU$27k revenue, or US$19k). Market cap is less than US$10m (AU$9.97m market cap, or US$6.89m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). 공시 • Sep 19
NGX Limited, Annual General Meeting, Nov 18, 2025 NGX Limited, Annual General Meeting, Nov 18, 2025. 공시 • Jun 20
NGX Limited Announces Change of Company Secretary, Effective 20 June 2025 NGX Limited advised of the appointment of Mr. Lachlan Lynch as Company Secretary, effective 20 June 2025. Mr. Lynch's appointment follows the resignation of Ms. Elizabeth Matthews as Company Secretary, effective 20 June 2025. Mr. Lynch is a Chartered Accountant and Chartered Secretary who commenced his career at a large international Chartered Accounting firm and is currently a Financial Controller for the Apollo Group which is involved in a number of listed companies that operate in the resources sector. Mr. Lynch is an experienced Company Secretary with over 10 years' of corporate governance experience. Ms. Matthews has served as NGX's Company Secretary since its demerger, in-specie distribution and subsequent initial public offering to the ASX in June 2023. Ms. Matthews is stepping down to pursue studies at Cambridge University. New Risk • May 29
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 Earnings have declined by 39% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$14.5m market cap, or US$9.34m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). 공시 • Sep 27
NGX Limited, Annual General Meeting, Nov 22, 2024 NGX Limited, Annual General Meeting, Nov 22, 2024. New Risk • Oct 26
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.5m (US$9.14m) 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 Revenue is less than US$1m. Market cap is less than US$10m (AU$14.5m market cap, or US$9.14m). 공시 • Sep 22
NGX Limited, Annual General Meeting, Nov 21, 2023 NGX Limited, Annual General Meeting, Nov 21, 2023. Agenda: To consider the re-election of Directors; and to consider other issues. New Risk • Aug 14
New major risk - Market cap size The company's market capitalization is less than US$100m. Market cap: AU$15.9m (US$10.3m) This is considered a minor 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 Negative equity (-AU$795k). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$15.9m market cap, or US$10.3m). Recent Insider Transactions • Aug 03
Non-Executive Chairman recently bought AU$241k worth of stock On the 1st of August, Ian Middlemas bought around 1m shares on-market at roughly AU$0.22 per share. This transaction amounted to 37% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Ian's only on-market trade for the last 12 months. 공시 • Jun 19
NGX Limited Announces Director Appointments NGX Limited announced the appointment of Ian Middlemas as Director of the company with effect from 19 April 2021, Matthew Syme as Director effect from 19 January 2023, Mark Pearce as Director on 19 April 2021 and Matthew Bungey as Director on 24 January 2023. 공시 • Jun 15
NGX Limited has completed an IPO in the amount of AUD 9.561184 million. NGX Limited has completed an IPO in the amount of AUD 9.561184 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 42,805,920
Price\Range: AUD 0.2
Discount Per Security: AUD 0.011
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,000,000
Price\Range: AUD 0.2
Discount Per Security: AUD 0.011 Board Change • Jun 08
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Executive Director Matt Syme was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.