New Risk • Aug 05
New major risk - Revenue and earnings growth Earnings have declined by 35% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (33% average weekly change). Negative equity (-AU$5.9m). Earnings have declined by 35% per year over the past 5 years. Market cap is less than US$10m (AU$4.81m market cap, or US$3.39m). Minor Risks Shareholders have been diluted in the past year (15% increase in shares outstanding). Revenue is less than US$5m (AU$4.1m revenue, or US$2.9m). Announcement • Jul 15
Vintage Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 1.596329 million. Vintage Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 1.596329 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 337,135,604
Price\Range: AUD 0.004
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,500,000
Price\Range: AUD 0.004
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 10,786,540
Price\Range: AUD 0.004
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,000,000
Price\Range: AUD 0.004
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 30,373,490
Price\Range: AUD 0.004
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 16,286,540
Price\Range: AUD 0.004
Security Features: Attached Options
Transaction Features: Rights Offering Announcement • Jul 13
Vintage Energy Ltd Announces Demise of Nicholas (Nick) Smart, Non-Executive Director Vintage Energy Ltd. announced that Mr. Nicholas (Nick) Smart, a founder and long serving non-executive director of the company, passed away. Mr. Smart served the company as a non-executive director of the company from its incorporation until ill-health necessitated his retirement in December 2024. 
