Capital Signal

VHM Limited (ASX: VHM)

Sector: Materials

Market cap: A$64M (as of 2 Nov 2026)

Rare earth and mineral sands mine development company

Data as of 2 Nov 2026.

Recent capital raises

DateTypeAmountPriceDiscountSource
22 Apr 2026Placement$5M$0.2619.4% discountFiling ↗
17 Dec 2025SPP$1.3M$0.35—Filing ↗
13 June 2025SPP$0.355M$0.25—Filing ↗
6 Oct 2024Placement$5M$0.8585% premiumFiling ↗
18 Aug 2024SPP$1.63M$0.42—Filing ↗

Substantial holders — latest moves

DateHolderMoveHoldingSource
7 July 2026ELLISON (WA) PTY LTDExit—Filing ↗
6 May 2026Steve Coughlan and associatesEntry?% → 12.190%Filing ↗
24 Sept 2025ELLISON (WA) PTY LTDEntry?% → 7.57%Filing ↗
10 Sept 2024ELLISON (WA) PTY LTDEntry?% → 8.9%Filing ↗
9 Jan 2023ELLISON (WA) PTY LTDEntry?% → 9.140%Filing ↗

Director trades — on-market

DateDirectorTradeSource
28 Oct 2026MAREE NAOMI ARNASONBought 100,000Filing ↗
26 Oct 2026Ian Kingsley SmithBought 100,000Filing ↗
30 Apr 2026Ronald DouglasBought 100,000Filing ↗
29 Apr 2026Ian Kingsley SmithBought 100,000Filing ↗
29 Apr 2026MAREE NAOMI ARNASONBought 120,000Filing ↗

Cash and runway

MetricValueAs ofSource
CashA$10M30 Sept 2026Filing ↗
Runway10 quarters30 Sept 2026Filing ↗

Ask about VHM in Claude or ChatGPT

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

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

Setup guide for Claude, ChatGPT and other MCP clients →

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