LKO

LAKES OIL FPO [LKO]
Lakes Blue Energy NL, together with its subsidiaries, engages in the exploration of oil and gas properties. The company holds interests in petroleum and mineral exploration rights in Victoria, South Australia, and Queensland; Papua New Guinea; and the United States. The company was formerly known as Lakes Oil NL and changed its name to Lakes Blue Energy NL in March 2021. Lakes Blue Energy NL was incorporated in 1946 and is based in Sydney, Australia.
Energy · ASX Small Cap
$0.2750 +0.0%

Updated 9 Sep 2026 · Signals refresh every scan

Appeared in 2 consecutive scansFirst seen: 2026-03-06
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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Bollinger Bands are tightening — volatility is coiling up for a potential breakout
  • Volume-price trend says buyers are quietly accumulating — price hasn't caught up yet
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Strong cash runway (12 quarters)
  • Pre-revenue with limited cash
  • Near 52-week low (2% of range)
  • Small-cap ($20-100M)
  • Sentiment is mixed — no strong consensus either way
  • This one has been in freefall — down 80% over the past year
  • Pre-revenue company — Altman Z-Score not applicable
  • Commodity (Crude Oil): strong_up (+7pts)
  • AUD/USD strong (-2pts)
  • RBA hiking (-3pts)

Risk Signals

  • Stochastic is stretched into overbought — could need a breather
  • Below the 200-day average — the long-term trend is still working against it
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • The bigger volume days are the down days — volume-weighted momentum is negative (-0.65%/day)

Expected next for LKO

30 Oct 2026Quarterly Cash Flow Report (4C)Estimated from past filings
Window: 23 Oct to 6 Nov
The last 5 moved LKO +6.7% on the day, on average — an observation, not a guide to what happens next.
Each date is labelled with how it is known. A date estimated from past filings is inferred from this company's own filing rhythm — it is not a confirmed date and not a statement about what the company intends to do. See the whole ASX calendar →

Recent Catalysts

NONE Change of Director's Interest Notice
NONE Notification regarding unquoted securities - LKO
NONE Application for quotation of securities - LKO
Announcement tone +3pts

Recent ASX Announcements

2026-08-31 Change of Director's Interest Notice
2026-08-30 Notification regarding unquoted securities - LKO
2026-08-30 Application for quotation of securities - LKO
2026-08-28 Notification regarding unquoted securities - LKO
2026-08-28 Application for quotation of securities - LKO

Key Metrics

$25.7M
Market Cap
139K
Avg Volume
0.7x
Vol Ratio
$0.24 — $1.75
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-1.8%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSneutralEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 54%
LLeader vs LaggardlaggardRS: -13
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Energy

68 tickers in this sector

View all Energy signals →Browse all ASX tickers A–Z →
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Compare:LKO vs BLULKO vs QEMLKO vs BNL
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