Fair value measurement (Tables)
|
6 Months Ended |
12 Months Ended |
Dec. 31, 2024 |
Jun. 30, 2024 |
| IfrsStatementLineItems [Line Items] |
|
|
| Schedule of Company’s Fair Value on a Recurring Basis |
The
following table presents information about the Company’s liabilities that are measured at fair value on a recurring basis on 31
December 2024 and 30 June 2024, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such
fair value:
Schedule
of Company’s Fair Value on a Recurring Basis
| | |
| |
31 December | | |
30 June | |
| Description: | |
Level | |
2024 | | |
2024 | |
| | |
| |
AUD$ | | |
AUD$ | |
| Liabilities: | |
| |
| | | |
| | |
| Warrant liability—Private and Representative Warrants | |
3 | |
| 12,676 | | |
| 12,676 | |
| Warrant liability – Penny Warrants | |
3 | |
| 146,730 | | |
| 146,730 | |
| Warrant liability – Arena Ordinary Share Warrants | |
3 | |
| 79,207 | | |
| 79,207 | |
| Total | |
| |
| 238,613 | | |
| 238,613 | |
|
The
following table presents information about the Company’s liabilities that are measured at fair value on a recurring basis on June
30, 2024, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:
Schedule
of Company’s Fair Value on a Recurring Basis
| |
| | |
June
30, | | |
June
30, | |
| Description: | |
Level | | |
2024 | | |
2023 | |
| |
| | |
AUD | | |
AUD | |
| Liabilities: | |
| | | |
| | | |
| | |
| Warrant
liability—Private and Representative Warrants | |
| 3 | | |
| 12,676 | | |
| - | |
| Warrant liability – Penny Warrants | |
| 3 | | |
| 146,730 | | |
| - | |
| Warrant liability – Arena Ordinary Share Warrants | |
| 3 | | |
| 79,207 | | |
| - | |
| Total | |
| | | |
| 238,613 | | |
| - | |
|
| Schedule of Fair Value Measurements of Warrants |
The
following table provides quantitative information regarding Level 3 fair value measurements for Private Warrants as of 31 December 2024
and 30 June 2024. The Representative Warrants were valued using similar information, except for the strike price which is USD$12.
Schedule
of Fair Value Measurements for Private Warrants
| | |
31
December and 30 June | |
| | |
2024 | |
| | |
$USD | |
| Exercise price | |
$ | 11.50 | |
| Share price | |
$ | 0.97 | |
| Volatility | |
| 54.9 | % |
| Expected life | |
| 4.73 | |
| Risk-free rate | |
| 4.33 | % |
| Dividend yield | |
| -% | |
|
The
following table provides quantitative information regarding Level 3 fair value measurements for Private Warrants as of June 30,
2024. The Representative Warrants were valued using similar information, except for the strike price which is USD$12.
Schedule
of Fair Value Measurements for Private Warrants
| | |
| June 30, | |
| | |
| 2024 | |
| | |
| $USD | |
| Exercise price | |
$ | 11.50 | |
| Share price | |
$ | 0.97 | |
| Volatility | |
| 54.9 | % |
| Expected life | |
| 4.73 | |
| Risk-free rate | |
| 4.33 | % |
| Dividend yield | |
| - | % |
|
| Schedule of Changes in the Fair Value |
The
following table presents a summary of the changes in the fair value of the Private Warrants Penny Warrants, and Arena Warrants, Level
3 liabilities, measured on a recurring basis.
Schedule
of Changes in the Fair Value
| | |
Private Placement | | |
Representative | | |
Arena Ordinary Share | | |
Penny | | |
Total Warrant Liabilities | |
| | |
$AUD | | |
$AUD | | |
$AUD | | |
| | |
$AUD | |
| Fair value as of 30 June 2024 | |
$ | 12,655 | | |
$ | 21 | | |
$ | 79,207 | | |
$ | 146,730 | | |
$ | 238,613 | |
| Change in fair value | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
| Fair value as of 31 December 2024 | |
$ | 12,655 | | |
$ | 21 | | |
$ | 79,207 | | |
$ | 146,730 | | |
$ | 238,613 | |
There
were no significant changes to fair values of above instruments from 30 June 2024 to 31 December 2024.
|
The
following table presents a summary of the changes in the fair value of the Private Warrants Penny Warrants, and Arena Warrants, Level 3 liabilities, measured on a recurring basis.
Schedule
of Changes in the Fair Value
| | |
Private Placement | | |
Representative | | |
Arena Ordinary Share | | |
Penny |
|
|
Total Warrant Liabilities | |
| | |
$AUD | | |
$AUD | | |
$AUD | | |
|
|
|
|
$AUD | |
| Fair value as of June 30, 2023 | |
$ | - | | |
$ | - | | |
$ | - | | |
$ |
- |
|
|
$ | - | |
| Initial measurement at Business Combination | |
| 44,339 | | |
| 847 | | |
| 117,193 | | |
|
218,108 |
|
|
| 380,487 | |
| Change in fair value | |
| (31,684 | ) | |
| (826 | ) | |
| (37,986 | ) | |
|
(71,378 |
) |
|
| (141,874 | ) |
| Fair value as of June 30, 2024 | |
$ | 12,655 | | |
$ | 21 | | |
$ | 79,207 | | |
$ |
146,730 |
|
|
$ | 238,613 | |
|
| Warrants [member] |
|
|
| IfrsStatementLineItems [Line Items] |
|
|
| Schedule of Fair Value Measurements of Warrants |
The
following table provides quantitative information regarding Level 3 fair value measurements for the Penny Warrants and the Arena Ordinary
Share Warrants as of 31 December 2024 and 30 June 2024.
Schedule of Fair Value Measurements of Warrants
| | |
31 December and 30 June | | |
Initial value April 8, | |
| | |
2024 | | |
2024 | |
| | |
$USD | | |
$USD | |
| Exercise price | |
| 92.5% of average lowest daily VWAP during the 10 preceding trading days | | |
| 92.5% of average lowest daily VWAP during the 10 preceding trading days | |
| Share price | |
$ | 0.97 | | |
$ | 1.43 | |
| Volatility | |
| 54.9 | % | |
| 51.9 | % |
| Expected life | |
| 4.83 | | |
| 5.0 | |
| Risk-free rate | |
| 4.33 | % | |
| 4.43 | % |
| Dividend yield | |
| - | % | |
| - | % |
|
The following table provides quantitative information
regarding Level 3 fair value measurements for the Penny Warrants and the Arena Ordinary Share Warrants as of June 30, 2024.
Schedule of Fair Value Measurements of Warrants
| | |
June
30, | | |
Initial
value April 8, | |
| | |
2024 | | |
2024 | |
| | |
$USD | | |
$USD | |
| Exercise price | |
| 92.5%
of average lowest daily VWAP during the 10 preceding trading days | | |
| 92.5%
of average lowest daily VWAP during the 10 preceding trading days | |
| Share price | |
$ | 0.97 | | |
$ | 1.43 | |
| Volatility | |
| 54.9 | % | |
| 51.9 | % |
| Expected life | |
| 4.83 | | |
| 5.0 | |
| Risk-free rate | |
| 4.33 | % | |
| 4.43 | % |
| Dividend yield | |
| - | % | |
| - | % |
|