FCT
FIRSTWAVE FPO [FCT]
Technology · ASX Small Cap
$0.0040 +0.0%
Updated 26 Mar 2026 · Scores refresh every scan
Score Breakdown
Technical67
Catalyst54
Sentiment50
Fundamental24
Momentum34
Risk Gate27
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Active Signals
Bullish Signals
- MACD momentum is picking up steam
- Volume surging at 4.4x normal while price falls — heavy selling pressure
- On a tear — up 33.3% over the last 5 days
- Beating the Small Ords index — relative strength of 1.12, so it's outpacing the pack
- Volume-price trend says buyers are quietly accumulating — price hasn't caught up yet
- Critical cash runway (0.5 quarters)
- Low P/S ratio (0.8x)
- Revenue in sharp decline (-16%)
- Near 52-week low (0% of range)
- Micro-cap ($5-20M) - high risk
- New substantial holder(s) (1)
- Capital raise activity (1 events)
- Sentiment is mixed — no strong consensus either way
- This one has been in freefall — down 69% over the past year
- The bigger volume days are the up days — volume-weighted momentum is positive (3.73%/day)
- Altman Z-Score distress zone (1.31 < 1.81, low-confidence approx)
- Penny stock risk ($0.003)
- RBA hiking (-3pts)
Risk Signals
- Below the 200-day average — the long-term trend is still working against it
- Piotroski F-Score weak (2/9, low-confidence approx)
- Deeply negative margins (-186%)
- Not enough chatter to gauge sentiment — defaulting to neutral
- Revenue declining at -16% — the top line is shrinking
- Overseas neutral (-2pts, S&P500 neutral, VIX 25)
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Recent Catalysts
NONE Change in substantial holding
NONE Notice of Extraordinary General Meeting/Proxy Form
NONE Half Year Report and Accounts
HIGH Becoming a substantial holder
Announcement tone +3pts
Recent ASX Announcements
| 2026-03-19 | Change in substantial holding |
| 2026-03-12 | Notice of Extraordinary General Meeting/Proxy Form |
| 2026-02-27 | Half Year Report and Accounts PRICE SENSITIVE |
| 2026-02-24 | Becoming a substantial holder |
| 2026-02-16 | Cleansing Notice |
Key Metrics
$6.4M
Market Cap
4.1M
Avg Volume
4.4x
Vol Ratio
$0.00 — $0.02
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-60.1%
ROE
-186.3%
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 | neutral | Float: 74% |
| L | Leader vs Laggard | laggard | RS: -11 |
| I | Institutional Sponsorship | weak | Inst: 1% |
| M | Market Direction | neutral | Neutral |
Sector: Technology
Ranked #92 of 97 · Sector avg: 46
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