CNJ
CONICO LTD FPO [CNJ]
Basic Materials · ASX Small Cap
$0.0080 -11.1%
Updated 26 Mar 2026 · Scores refresh every scan
Score Breakdown
Technical21
Catalyst50
Sentiment50
Fundamental5
Momentum22
Risk Gate19
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Active Signals
Bullish Signals
- RSI drifting toward oversold territory — worth watching
- MACD momentum is losing steam
- Stochastic is deep in oversold territory — bounce conditions forming
- Took a hit — down 11.1% over the last 5 days
- Lagging the Small Ords index — relative strength of 0.74, underperforming its peers
- Critical cash runway (1.5 quarters)
- Very high P/S ratio (4825.1x)
- Revenue in sharp decline (-40%)
- Near 52-week low (0% of range)
- Micro-cap ($5-20M) - high risk
- Recent placement detected - dilution risk
- Dilution velocity warning (2 raises recently)
- CANSLIM S: Tight float (43%)
- Sentiment is mixed — no strong consensus either way
- This one has been in freefall — down 79% over the past year
- Altman Z-Score distress zone (1.09 < 1.81, low-confidence approx)
- Elevated dilution risk (2 recent capital raises)
- Penny stock risk ($0.008)
- RBA hiking (-3pts)
Risk Signals
- Trading below both moving averages — the trend is working against this one
- Broke below 20-day support — that's a level the market was defending, and it just gave way
- Below the 200-day average — the long-term trend is still working against it
- Piotroski F-Score weak (2/9, low-confidence approx)
- Not enough chatter to gauge sentiment — defaulting to neutral
- Revenue declining at -40% — the top line is shrinking
- The bigger volume days are the down days — volume-weighted momentum is negative (-0.41%/day)
- Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts
NONE Half Year Accounts
NONE Application for quotation of securities - CNJ
NONE Proposed issue of securities - CNJ
MEDIUM Follow-on Share Placement
Recent ASX Announcements
| 2026-03-16 | Half Year Accounts |
| 2026-02-17 | Application for quotation of securities - CNJ |
| 2026-02-06 | Proposed issue of securities - CNJ |
| 2026-02-06 | Follow-on Share Placement |
| 2026-01-30 | Change of Director Interest Notice & Late Lodgement |
Key Metrics
$5.2M
Market Cap
760K
Avg Volume
0.8x
Vol Ratio
$0.01 — $0.10
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-618.7%
ROE
N/A
Profit Margin
CANSLIM Analysis
| Factor | Rating | Detail | |
|---|---|---|---|
| C | Current EPS | fail | EPS Growth: 0% |
| A | Annual Earnings | fail | CAGR: 0% |
| N | New Highs / Catalysts | neutral | |
| S | Supply & Demand | pass | Float: 43% |
| L | Leader vs Laggard | laggard | RS: -6 |
| I | Institutional Sponsorship | insufficient_data | Inst: 0% |
| M | Market Direction | neutral | Neutral |
Sector: Basic Materials
Ranked #558 of 558 · Sector avg: 46
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