BTN
BUTN FPO [BTN]
Financial Services · ASX Small Cap
$0.0120 -20.0%
Updated 7 Aug 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 is looking oversold — historically a spot where stocks tend to bounce
- MACD momentum is losing steam
- Sitting right at the lower Bollinger Band — oversold and potentially ready to snap back
- Volume surging at 54.6x normal while price falls — heavy selling pressure
- Took a hit — down 29.4% over the last 5 days
- Lagging the Small Ords index — relative strength of 0.65, underperforming its peers
- Volatility is expanding fast — choppy price action, so buckle up
- Cash positive / operating cashflow positive
- Low P/S ratio (0.7x)
- EPS estimates revised upward (+10pts)
- Near 52-week low (6% of range)
- Micro-cap ($5-20M) - high risk
- 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 82% over the past year
- Poor risk-adjusted returns — Sharpe of -2.1 means lots of volatility for not much reward
- Altman Z-Score distress zone (-0.04 < 1.81, low-confidence approx)
- Penny stock risk ($0.015)
- Liquidity risk: 10 zero-volume days in last 20
- ASX200 bullish (+2.9% 5d)
- RBA hiking (-5pts)
- Overseas risk_on (+2pts, S&P500 up, VIX 15)
Risk Signals
- 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 (-13.81%/day)
Recent Catalysts
NONE Butn to Participate in Sharewise Investor Webinar
NONE Cleansing Notice
NONE Application for quotation of securities - BTN
NEGATIVE Trading Halt
Recent ASX Announcements
| 2026-08-03 | Butn to Participate in Sharewise Investor Webinar |
| 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 |
Key Metrics
$5.7M
Market Cap
325K
Avg Volume
54.6x
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: -6 |
| I | Institutional Sponsorship | pass | Inst: 35% |
| M | Market Direction | pass | Bullish |
Sector: Financial Services
117 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