FUN
FORTUNA FPO [FUN]
Basic Materials · ASX Small Cap
$0.0920 -1.1%
Updated 9 Sep 2026 · Signals refresh every scan
Appeared in 2 consecutive scansFirst seen: 2026-03-04
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Active Signals
Bullish Signals
- Volume surging at 2.2x normal while price falls — heavy selling pressure
- Smart money may be accumulating — volume is flowing in even though price hasn't moved yet
- Sitting near support — this level has held before and could attract buyers again
- Drifting lower — down 5.2% over the last 5 days
- Volume-price trend says buyers are quietly accumulating — price hasn't caught up yet
- Volatility is contracting — like a spring being compressed, breakouts often follow
- Strong cash runway (29 quarters)
- Very high P/S ratio (550.9x)
- Strong revenue growth (+168%)
- Near 52-week low (15% of range)
- Small-cap ($20-100M)
- New substantial holder(s) (1)
- CANSLIM A: Turned profitable
- CANSLIM S: Tight float (38%)
- Sentiment is mixed — no strong consensus either way
- Revenue growing at +168% — the top line is moving in the right direction
- Altman Z-Score grey zone (1.94, low-confidence approx)
- AUD/USD strong (-2pts)
- RBA hiking (-3pts)
Risk Signals
- MACD crossed bearish — momentum is fading
- 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
- Not enough chatter to gauge sentiment — defaulting to neutral
- Long-term momentum is negative — down 26% over the past year
- The bigger volume days are the down days — volume-weighted momentum is negative (-0.55%/day)
Expected next for FUN
Window: 24 Oct to 7 Nov
The last 6 moved FUN -6.1% on the day, on average — an observation, not a guide to what happens next.
Window: 28 Oct to 11 Nov
The last 6 moved FUN -6.1% 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 Closing Date for Director Nominations
NONE Aircore Drilling Expanded
LOW Africa Down Under Conference Presentation
LOW Investor Presentation August 2026
HIGH Becoming a substantial holder
Recent ASX Announcements
| 2026-09-07 | Closing Date for Director Nominations |
| 2026-09-01 | Africa Down Under Conference Presentation |
| 2026-08-24 | Aircore Drilling Expanded |
| 2026-08-16 | Investor Presentation August 2026 |
| 2026-08-04 | Becoming a substantial holder |
Key Metrics
$39.2M
Market Cap
188K
Avg Volume
2.2x
Vol Ratio
$0.07 — $0.22
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-40.2%
ROE
N/A
Profit Margin
CANSLIM Analysis
| Factor | Rating | Detail | |
|---|---|---|---|
| C | Current EPS | fail | EPS Growth: 0% |
| A | Annual Earnings | improving | CAGR: 0% |
| N | New Highs / Catalysts | neutral | |
| S | Supply & Demand | pass | Float: 38% |
| L | Leader vs Laggard | laggard | RS: -10 |
| I | Institutional Sponsorship | weak | Inst: 3% |
| M | Market Direction | neutral | Neutral |
Sector: Basic Materials
535 tickers in this sector
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