BTN
BUTN FPO [BTN]
Financial Services · ASX Small Cap
$0.0140 -12.5%
Updated 22 Jul 2026 · Signals refresh every scan
Get alerts when BTN triggers a new signal
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
- Took a hit — down 22.2% over the last 5 days
- Volume-price trend says buyers are quietly accumulating — price hasn't caught up yet
- Volatility is expanding fast — choppy price action, so buckle up
- Cash positive / operating cashflow positive
- Low P/S ratio (0.8x)
- EPS estimates revised upward (+10pts)
- Near 52-week low (7% of range)
- Micro-cap ($5-20M) - high risk
- New substantial holder(s) (1)
- Capital raise activity (1 events)
- CANSLIM S: Tight float (34%)
- CANSLIM I: Institutional ownership (35%)
- Sentiment is mixed — no strong consensus either way
- This one has been in freefall — down 84% over the past year
- Poor risk-adjusted returns — Sharpe of -2.0 means lots of volatility for not much reward
- Altman Z-Score distress zone (-0.04 < 1.81, low-confidence approx)
- Penny stock risk ($0.016)
- Liquidity risk: 11 zero-volume days in last 20
- RBA hiking (-5pts)
- Calendar: Quarterly 4C in 10d (+3pts)
Risk Signals
- MACD crossed bearish — momentum is fading
- Death cross triggered — the short-term trend just crossed below the long-term, which is a bearish signal
- Broke below 20-day support — that's a level the market was defending, and it just gave way
- Below the 200-day average — the long-term trend is still working against it
- Revenue declining (-12%)
- Deeply negative margins (-61%)
- Not enough chatter to gauge sentiment — defaulting to neutral
- Revenue declining at -12% — the top line is shrinking
- The bigger volume days are the down days — volume-weighted momentum is negative (-13.52%/day)
Ask Scout AI about BTN
3 free messages/day · Unlimited with Pro
Recent Catalysts
NONE Cleansing Notice
NONE Application for quotation of securities - BTN
NONE Non-core asset sale of $4.1M and debt facility extension
NEGATIVE Trading Halt
HIGH Becoming a substantial holder
Recent ASX Announcements
| 2026-07-09 | Cleansing Notice |
| 2026-07-09 | Application for quotation of securities - BTN |
| 2026-07-02 | Non-core asset sale of $4.1M and debt facility extension PRICE SENSITIVE |
| 2026-06-29 | Trading Halt PRICE SENSITIVE |
| 2026-06-11 | Becoming a substantial holder |
Key Metrics
$6.1M
Market Cap
N/A
Avg Volume
N/A
Vol Ratio
$0.01 — $0.11
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-43.0%
ROE
-61.4%
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 | pass | Float: 34% |
| L | Leader vs Laggard | laggard | RS: -24 |
| I | Institutional Sponsorship | pass | Inst: 35% |
| M | Market Direction | neutral | Neutral |
Sector: Financial Services
99 tickers in this sector
View all Financial Services signals →Browse all ASX tickers A–Z →Track BTN and 2,200+ ASX stocks
Get free access to Scout's AI-powered dashboard with daily scans, watchlist alerts, and exit management for every ASX small cap.
No credit card required