Board Change • May 20
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Steve Gemell was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • May 13
European Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 3.365434 million. European Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 3.365434 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 100,000,000
Price\Range: AUD 0.015
Discount Per Security: AUD 0.0009
Security Features: Attached Options
Security Name: [Ordinary Shares
Security Type: Common Stock
Securities Offered: 124,362,235
Price\Range: AUD 0.015
Discount Per Security: AUD 0.00015
Security Features: Attached Options
Transaction Features: Rights Offering 공시 • Apr 24
European Resources Limited, Annual General Meeting, May 27, 2026 European Resources Limited, Annual General Meeting, May 27, 2026. Location: at level 2, 66 hunter street, sydney, nsw, 2000, Australia 공시 • Mar 17
European Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 4.262882 million. European Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 4.262882 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 224,362,235
Price\Range: AUD 0.019
Discount Per Security: AUD 0.00114
Security Features: Attached Options
Transaction Features: Rights Offering 공시 • Oct 03
Prospech Limited has completed a Follow-on Equity Offering in the amount of AUD 2.17029 million. Prospech Limited has completed a Follow-on Equity Offering in the amount of AUD 2.17029 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 40,000,000
Price\Range: AUD 0.015
Discount Per Security: AUD 0.0009
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 68,235,968
Price\Range: AUD 0.015
Discount Per Security: AUD 0.00015
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 36,450,000
Price\Range: AUD 0.015
Discount Per Security: AUD 0.00075
Security Features: Attached Options
Transaction Features: Rights Offering 공시 • Sep 01
Prospech Limited has filed a Follow-on Equity Offering in the amount of AUD 1.62354 million. Prospech Limited has filed a Follow-on Equity Offering in the amount of AUD 1.62354 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 40,000,000
Price\Range: AUD 0.015
Discount Per Security: AUD 0.0009
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 68,235,968
Price\Range: AUD 0.015
Discount Per Security: AUD 0.00015
Security Features: Attached Options
Transaction Features: Rights Offering 공시 • May 29
Prospech Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million. Prospech Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 50,000,000
Price\Range: AUD 0.02
Discount Per Security: AUD 0.0012
Transaction Features: Subsequent Direct Listing 공시 • Apr 04
Prospech Limited, Annual General Meeting, May 07, 2025 Prospech Limited, Annual General Meeting, May 07, 2025. Location: level 2, 66 hunter street, sydney, nsw, 2000 Australia 공시 • Oct 21
Prospech Limited has filed a Follow-on Equity Offering in the amount of AUD 2.269708 million. Prospech Limited has filed a Follow-on Equity Offering in the amount of AUD 2.269708 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 75,656,938
Price\Range: AUD 0.03
Discount Per Security: AUD 0.0021
Transaction Features: Rights Offering New Risk • Sep 14
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$2.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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$2.9m free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Earnings have declined by 23% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€5.86m market cap, or US$6.49m). Minor Risk Shareholders have been diluted in the past year (38% increase in shares outstanding). 공시 • Jun 18
Prospech Limited has completed a Follow-on Equity Offering in the amount of AUD 1.071808 million. Prospech Limited has completed a Follow-on Equity Offering in the amount of AUD 1.071808 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 32,479,033
Price\Range: AUD 0.033
Discount Per Security: AUD 0.00198
Transaction Features: Subsequent Direct Listing 공시 • Apr 20
Prospech Limited, Annual General Meeting, May 21, 2024 Prospech Limited, Annual General Meeting, May 21, 2024, at 11:00 E. Australia Standard Time. Location: Level 2, 66 Hunter Street, 2000 Sydney New South Wales Australia Agenda: To receive and consider the Company's annual financial report, the directors' report and the auditors' report for the year ended 31 December 2023; to consider the adoption of the Remuneration Report for the year ended 31 December 2023; to consider the re-election of a Directors; to consider a ratification of the Issue of 12,967,742 Shares; to consider the approval of Remuneration Report; to consider the re-e-election of Stephen Gemell as a Director; and to discuss other matters. 공시 • Dec 01
Prospech Limited has filed a Follow-on Equity Offering in the amount of AUD 2.085783 million. Prospech Limited has filed a Follow-on Equity Offering in the amount of AUD 2.085783 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 67,283,324
Price\Range: AUD 0.031 New Risk • Aug 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. 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$1.8m free cash flow). Share price has been highly volatile over the past 3 months (30% average weekly change). Earnings have declined by 30% per year over the past 5 years. Shareholders have been substantially diluted in the past year (149% increase in shares outstanding). Revenue is less than US$1m (AU$2.0k revenue, or US$1.3k). Market cap is less than US$10m (€3.65m market cap, or US$3.95m). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Board Change • Jul 26
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director John Levings was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 