Capital Signal

Iondrive Limited (ASX: ION)

Sector: Materials

Market cap: A$107M (as of 2 Nov 2026)

Iondrive is developing IONSolv, an innovative metal extraction platform for the selective recovery of critical minerals.

Data as of 2 Nov 2026.

Recent capital raises

DateTypeAmountPriceDiscountSource
25 Nov 2025Placement$4M$0.040%Filing ↗
3 Dec 2024Placement$6.1M$0.0116.7% premiumFiling ↗
3 June 2024Placement$2M$0.0110% discountFiling ↗
4 July 2023Placement$2.5M$0.02—Filing ↗
16 Nov 2022Placement$2M$0.0217.9% discountFiling ↗

Substantial holders — latest moves

DateHolderMoveHoldingSource
23 Sept 2026Ilwella Pty LtdDecrease8.197% → 6.44%Filing ↗
7 Aug 2026Strata Investment Holdings plc (SRT)Increase12.2% → 13.7%Filing ↗
1 Mar 2026Ilwella Pty LtdDecrease9.200% → 8.197%Filing ↗
3 Dec 2025REGAL FUNDS MANAGEMENT PTY LIMITED AND ASSOCIATESIncrease5.18% → 7.39%Filing ↗
15 July 2025Ilwella Pty LtdDecrease10.89% → 9.2%Filing ↗

Director trades — on-market

DateDirectorTradeSource
10 Jan 2023PETER BAMFORDBought 433,000 Fully paid ordinary sharesFiling ↗
30 Dec 2022PETER BAMFORDBought 161,504 Fully paid ordinary sharesFiling ↗
29 June 2022ROBERT SMILLIEBought 500,000Filing ↗
18 Feb 2021Mr Simon Francis MitchellBought 170,000Filing ↗
3 Feb 2021GREGORY COLIN BOULTONBought 100,000Filing ↗

Cash and runway

MetricValueAs ofSource
CashA$5M30 Sept 2026Filing ↗
Runway2.3 quarters30 Sept 2026Filing ↗

Ask about ION in Claude or ChatGPT

Add the Capital Signal connector at https://capitalsignal.io/api/mcp, then ask:

  • Has ION raised money in the last year, and at what discount?
  • What was ION's latest cash position and runway?

Setup guide for Claude, ChatGPT and other MCP clients →

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Iondrive Limited (ASX: ION): capital raises, holders, director trades | Capital Signal