BNL

BLUESTAR FPO [BNL]
Blue Star Helium Limited engages in the exploration, development, and production of helium in North America. It also produces oil and gas. The company was formerly known as Big Star Energy Limited and changed its name to Blue Star Helium Limited in April 2020. Blue Star Helium Limited was incorporated in 1987 and is headquartered in Subiaco, Australia.
Energy · ASX Small Cap
$0.0050 +25.0%

Updated 3 Sep 2026 · Signals refresh every scan

⚠ Funding Risk — Cash runway under 4 quarters. Capital raise or funding may be required.
Appeared in 2 consecutive scansFirst seen: 2026-02-25
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Active Signals

Bullish Signals

  • Stochastic just turned bullish from a low level — early reversal sign
  • Volume surging at 3.0x normal while price climbs — real buying conviction behind this move
  • Took a hit — down 16.7% over the last 5 days
  • Lagging the Small Ords index — relative strength of 0.85, underperforming its peers
  • Low cash runway (3 quarters) - dilution risk
  • 4C filed 2026-07-30
  • Very high P/S ratio (6202.5x)
  • Revenue in sharp decline (-57%)
  • Near 52-week low (12% of range)
  • Small-cap ($20-100M)
  • Sentiment is mixed — no strong consensus either way
  • Altman Z-Score distress zone (0.28 < 1.81, low-confidence approx)
  • Penny stock risk ($0.005)
  • Commodity (Crude Oil): strong_up (+5pts)
  • AUD/USD strong (-2pts)
  • 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
  • Piotroski F-Score weak (1/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Revenue declining at -57% — the top line is shrinking
  • The bigger volume days are the down days — volume-weighted momentum is negative (-1.55%/day)
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Recent Catalysts

HIGH Helium Offtake Agreement Extended Through Q1 2027
NONE Notification of cessation of securities - BNL
NONE Third Helium Trailer Delivered
NONE Quarterly Activities/Appendix 5B Cash Flow Report
LOW Investor Presentation & Webinar
Announcement tone +5pts

Recent ASX Announcements

2026-08-30 Helium Offtake Agreement Extended Through Q1 2027 PRICE SENSITIVE
2026-08-20 Notification of cessation of securities - BNL
2026-08-17 Investor Presentation & Webinar
2026-08-10 Third Helium Trailer Delivered PRICE SENSITIVE
2026-07-30 Quarterly Activities/Appendix 5B Cash Flow Report PRICE SENSITIVE

Key Metrics

$30.8M
Market Cap
8.4M
Avg Volume
3.0x
Vol Ratio
$0.00 — $0.01
52-Week Range
N/A
Short Interest
3 qtrs
Cash Runway
-92.7%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 52%
LLeader vs LaggardlaggardRS: -8
IInstitutional SponsorshipweakInst: 1%
MMarket DirectionneutralNeutral

Sector: Energy

65 tickers in this sector

View all Energy signals →Browse all ASX tickers A–Z →
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