MEK
MEEKAMET FPO [MEK]
Basic Materials · ASX Small Cap
$0.1600 +0.0%
Updated 26 Mar 2026 · Scores refresh every scan
Score Breakdown
Technical42
Catalyst70
Sentiment50
Fundamental94
Momentum64
Risk Gate50
Get alerts when MEK's score changes
Free watchlist with daily scans for 2,200+ ASX stocks
Active Signals
Bullish Signals
- RSI drifting toward oversold territory — worth watching
- Stochastic is deep in oversold territory — bounce conditions forming
- Above-average volume (1.9x) on a red day — sellers in control
- Lagging the Small Ords index — relative strength of 0.76, underperforming its peers
- Cash positive / operating cashflow positive
- Moderate P/S ratio (7.2x)
- EPS estimates revised upward (+10pts)
- New substantial holder(s) (1)
- CANSLIM I: Institutional ownership (12%)
- Strong return on equity (21%)
- Healthy profit margins (45%)
- Sentiment is mixed — no strong consensus either way
- Strong long-term momentum — up 62% over the past year (excluding last month)
- RBA hiking (-3pts)
Risk Signals
- Trading below both moving averages — the trend is working against this one
- 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 (-2.08%/day)
- Overseas neutral (-1pts, S&P500 neutral, VIX 25)
Ask Scout AI about MEK
3 free messages/day · Unlimited with Pro
Recent Catalysts
HIGH Becoming a substantial holder
NONE Processing Upgrade to 800ktpa Underway
NONE Half Year Accounts
NONE S&P DJI Announces March 2026 Quarterly Rebalance
Recent ASX Announcements
| 2026-03-22 | Becoming a substantial holder |
| 2026-03-16 | Processing Upgrade to 800ktpa Underway PRICE SENSITIVE |
| 2026-03-15 | Half Year Accounts |
| 2026-03-06 | S&P DJI Announces March 2026 Quarterly Rebalance PRICE SENSITIVE |
| 2026-02-11 | Corporate Presentation - February 2026 |
Key Metrics
$471.3M
Market Cap
28.4M
Avg Volume
1.9x
Vol Ratio
$0.12 — $0.30
52-Week Range
0.3%
Short Interest
N/A
Cash Runway
20.7%
ROE
44.5%
Profit Margin
CANSLIM Analysis
| Factor | Rating | Detail | |
|---|---|---|---|
| C | Current EPS | neutral | EPS Growth: 0% |
| A | Annual Earnings | fail | CAGR: 0% |
| N | New Highs / Catalysts | neutral | |
| S | Supply & Demand | neutral | Float: 84% |
| L | Leader vs Laggard | laggard | RS: -9 |
| I | Institutional Sponsorship | pass | Inst: 12% |
| M | Market Direction | neutral | Neutral |
Sector: Basic Materials
Ranked #29 of 558 · Sector avg: 46
View all Basic Materials signals →Track MEK and 2,200+ ASX stocks
Get free access to Scout's AI-powered dashboard with daily scans, watchlist alerts, and conviction scoring for every ASX small cap.
No credit card required