SPD vs VAR

ASX Basic Materials sector comparison — updated 14 Jul 2026 — Basic Materials sector

SPD

SOUTHPALL FPO [SPD]

50MEDIUM

VAR

VARISCAN FPO [VAR]

43LOW

Score Breakdown

SPD VAR
Technical
47
46
Catalyst
55
51
Sentiment
50
50
Fundamental
72
41
Momentum
75
46
Risk Gate
50
32

Key Metrics

SPD Metric VAR
$178.6MMarket Cap$5.6M
122KAvg Volume (20d)478K
+0.1%Short InterestN/A
$2.91052-Week High$0.012
$0.56552-Week Low$0.004
-8.2%Daily Change+0.0%
$1.280Reference Price$0.004
-18.1%ROE-8.7%
N/AProfit MarginN/A

Active Signals

SPD Signals

Stochastic turning bearish from a high level — caution
On a tear — up 13.8% over the last 5 days
Beating the Small Ords index — relative strength of 1.16, so it's outpacing the pack
Volatility is expanding fast — choppy price action, so buckle up
Below the 200-day average — the long-term trend is still working against it
Strong cash runway (56 quarters)
Pre-revenue with moderate cash ($10-30M)
Piotroski F-Score weak (3/9, low-confidence approx)

VAR Signals

RSI drifting toward oversold territory — worth watching
Took a hit — down 10.0% over the last 5 days
Volume-price trend says buyers are quietly accumulating — price hasn't caught up yet
Below the 200-day average — the long-term trend is still working against it
Low cash runway (3 quarters) - dilution risk
Pre-revenue with limited cash
Piotroski F-Score weak (3/9, low-confidence approx)
Near 52-week low (6% of range)

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SPD Full Analysis → VAR Full Analysis → Basic Materials Sector → All Comparisons →
GENERAL INFORMATION ONLY. SmallCapData provides algorithmic screening data and does not constitute personal financial advice, a recommendation, or an offer to buy or sell any security. This content is produced by an algorithm, not a licensed financial adviser. You should consider seeking independent financial advice before making any investment decision. Past performance is not indicative of future results. Trading in small-cap securities carries a high degree of risk, including the risk of total loss of capital. The author may hold positions in mentioned securities. SmallCapData does not hold an Australian Financial Services Licence (AFSL).