ION
IONDRIVE FPO [ION]
Basic Materials · ASX Small Cap
$0.0300 -6.2%
Updated 2026-03-02 · Scores refresh every scan
Appeared in 2 consecutive scans→ Score -4First seen: 2026-02-25
Score Breakdown
Technical56
Catalyst50
Sentiment50
Fundamental67
Momentum70
Risk Gate45
Active Signals
Bullish Signals
- RSI approaching oversold
- MACD bullish crossover
- Volatility contracting (breakout setup)
- Strong cash runway (11 quarters)
- Small-cap ($20-100M)
- Capital raise activity (1 events)
- CANSLIM I: Institutional ownership (19%)
- Strong 12-1 momentum (+212%)
- Low-priced stock risk ($0.032)
- ASX200 bullish (+1.5% 5d)
- AUD/USD strong (-2pts)
- RBA cutting (+2pts)
- Geo stress elevated (-1pts, hurt)
Risk Signals
- Price below MAs (downtrend)
- Below 200-day MA (long-term downtrend)
- Piotroski F-Score weak (3/9)
- Insufficient sentiment data (defaulting to neutral)
- Neutral/mixed sentiment
Recent Catalysts
NONE Change in substantial holding
NONE Half Yearly Report and Accounts
NONE Appendix 4D
Recent ASX Announcements
| 2026-03-01 | Change in substantial holding |
| 2026-02-23 | Half Yearly Report and Accounts |
| 2026-02-23 | Appendix 4D |
| 2026-02-06 | Notice under Section 708A - Cleansing Notice |
| 2026-02-06 | Application for quotation of securities - ION |
Key Metrics
$41.5M
Market Cap
3.0M
Avg Volume
1.3x
Vol Ratio
$0.01 — $0.07
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-81.9%
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 | neutral | Float: 55% |
| L | Leader vs Laggard | laggard | RS: -7 |
| I | Institutional Sponsorship | pass | Inst: 19% |
| M | Market Direction | pass | Bullish |
Sector: Basic Materials
Ranked #336 of 570 · Sector avg: 49
View all Basic Materials signals →