SUM
SUMMIT FPO [SUM]
Basic Materials · ASX Small Cap
$0.0360 -5.3%
Updated 2026-03-02 · Scores refresh every scan
⚠ Funding Risk — Cash runway under 4 quarters. Capital raise or funding may be required.
Appeared in 2 consecutive scans→ Score -1First seen: 2026-02-25
Score Breakdown
Technical48
Catalyst50
Sentiment50
Fundamental33
Momentum49
Risk Gate30
Active Signals
Bullish Signals
- RSI approaching oversold
- OBV divergence: accumulation detected
- Near support level (potential bounce)
- Volatility contracting (breakout setup)
- Low cash runway (4 quarters) - dilution risk
- 4C filed 2026-01-30
- Very high P/S ratio (56.0x)
- Revenue in sharp decline (-70%)
- Near 52-week low (15% of range)
- Micro-cap ($5-20M) - high risk
- CANSLIM S: Tight float (46%)
- Altman Z-Score in distress zone (1.23 < 1.81)
- Low-priced stock risk ($0.038)
- ASX200 bullish (+1.5% 5d)
- AUD/USD strong (-2pts)
- RBA cutting (+2pts)
- Geo stress elevated (-1pts, hurt)
Risk Signals
- MACD momentum weakening
- 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
- Revenue momentum declining (-70%)
Recent Catalysts
NONE Results of Meeting
NONE Adjournment of GM and Addendum to Notice of GM
NONE Postponement of General Meeting
Recent ASX Announcements
| 2026-02-27 | Results of Meeting |
| 2026-02-12 | Adjournment of GM and Addendum to Notice of GM |
| 2026-02-03 | Postponement of General Meeting PRICE SENSITIVE |
| 2026-01-30 | Quarterly Activities and Cashflow Report PRICE SENSITIVE |
| 2026-01-13 | Aeromagnetic Survey Underway at Keystone Project, USA PRICE SENSITIVE |
Key Metrics
$5.5M
Market Cap
133K
Avg Volume
1.5x
Vol Ratio
$0.03 — $0.08
52-Week Range
N/A
Short Interest
4 qtrs
Cash Runway
-39.6%
ROE
N/A
Profit Margin
CANSLIM Analysis
| Factor | Rating | Detail | |
|---|---|---|---|
| C | Current EPS | fail | EPS Growth: 0% |
| A | Annual Earnings | insufficient_data | CAGR: 0% |
| N | New Highs / Catalysts | neutral | |
| S | Supply & Demand | pass | Float: 46% |
| L | Leader vs Laggard | laggard | RS: 1 |
| I | Institutional Sponsorship | insufficient_data | Inst: 0% |
| M | Market Direction | pass | Bullish |
Sector: Basic Materials
Ranked #486 of 570 · Sector avg: 49
View all Basic Materials signals →