DRX
DIATREME FPO [DRX]
Basic Materials · ASX Small Cap
$0.0140 +7.7%
Updated 9 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: 2026-03-02
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Active Signals
Bullish Signals
- MACD just crossed bullish — momentum is shifting to the upside
- Trading above both moving averages — the trend is your friend here
- Knocking on the door of resistance — if it punches through, things could get interesting
- Beating the Small Ords index — relative strength of 1.10, so it's outpacing the pack
- Low cash runway (3 quarters) - dilution risk
- 4C filed 2026-07-21
- Revenue in sharp decline (-96%)
- Small-cap ($20-100M)
- CANSLIM S: Tight float (35%)
- Sentiment is mixed — no strong consensus either way
- The bigger volume days are the up days — volume-weighted momentum is positive (1.98%/day)
- Pre-revenue company — Altman Z-Score not applicable
- Penny stock risk ($0.014)
- AUD/USD strong (-2pts)
- RBA hiking (-3pts)
Risk Signals
- Below the 200-day average — the long-term trend is still working against it
- Piotroski F-Score weak (3/9, low-confidence approx)
- Not enough chatter to gauge sentiment — defaulting to neutral
- Long-term momentum is negative — down 35% over the past year
- Revenue declining at -96% — the top line is shrinking
Expected next for DRX
Window: 9 Oct to 23 Oct
The last 7 moved DRX 0.0% on the day, on average — an observation, not a guide to what happens next.
Window: 19 Sep to 16 Nov
The last 7 moved DRX 0.0% on the day, on average — an observation, not a guide to what happens next.
Window: 22 Oct to 5 Nov
The last 7 moved DRX 0.0% on the day, on average — an observation, not a guide to what happens next.
Each date is labelled with how it is known. A date estimated from past filings is inferred from this company's own filing rhythm — it is not a confirmed date and not a statement about what the company intends to do. See the whole ASX calendar →
Recent Catalysts
NONE Half Year Accounts
NONE Quarterly Activities Report
NONE Appendix 5B Cash Flow Report
LOW Presentation to Noosa Mining Investor Conference
Recent ASX Announcements
| 2026-08-31 | Half Year Accounts |
| 2026-07-22 | Presentation to Noosa Mining Investor Conference |
| 2026-07-21 | Quarterly Activities Report PRICE SENSITIVE |
| 2026-07-16 | Appendix 5B Cash Flow Report PRICE SENSITIVE |
Key Metrics
$70.1M
Market Cap
554K
Avg Volume
0.6x
Vol Ratio
$0.01 — $0.02
52-Week Range
N/A
Short Interest
3 qtrs
Cash Runway
-3.4%
ROE
N/A
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: 35% |
| L | Leader vs Laggard | pass | RS: 16 |
| I | Institutional Sponsorship | weak | Inst: 2% |
| M | Market Direction | neutral | Neutral |
Sector: Basic Materials
535 tickers in this sector
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