GAS

STATE GAS FPO [GAS]
State Gas Limited engages in the exploration and development of gas fields in Australia. Its flagship projects are the Reid's Dome gas project comprising the production lease 231 permit and the Rolleston-West project covering an area of approximately 1,414 square kilometers located in the Bowen Basin in Central Queensland. The company was incorporated in 2017 and is headquartered in Brisbane, Australia.
Energy · ASX Small Cap
$0.0140 +0.0%

Updated 21 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Volume surging at 3.2x normal while price falls — heavy selling pressure
  • Volume-price trend says buyers are quietly accumulating — price hasn't caught up yet
  • Critical cash runway (1.0 quarters)
  • Pre-revenue with limited cash
  • EPS estimates revised upward (+10pts)
  • Near 52-week low (3% of range)
  • Micro-cap ($5-20M) - high risk
  • New substantial holder(s) (1)
  • CANSLIM S: Tight float (42%)
  • Sentiment is mixed — no strong consensus either way
  • This one has been in freefall — down 70% over the past year
  • The bigger volume days are the up days — volume-weighted momentum is positive (0.48%/day)
  • Pre-revenue company — Altman Z-Score not applicable
  • Penny stock risk ($0.014)
  • Commodity (Crude Oil): up (+3pts)
  • RBA hiking (-3pts)
  • Calendar: Quarterly 4C in 12d (+5pts)

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
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Recent Catalysts

NONE Application for quotation of securities - GAS
NONE Application for quotation of securities - GAS
NONE Change of Director's Interest Notice
HIGH Becoming a substantial holder
Announcement tone +3pts

Recent ASX Announcements

2026-07-19 Application for quotation of securities - GAS
2026-07-16 Application for quotation of securities - GAS
2026-07-14 Change of Director's Interest Notice
2026-07-14 Change of Director's Interest Notice
2026-07-13 Becoming a substantial holder

Key Metrics

$7.1M
Market Cap
2.1M
Avg Volume
3.2x
Vol Ratio
$0.01 — $0.05
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-5.5%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 42%
LLeader vs LaggardlaggardRS: -14
IInstitutional SponsorshipweakInst: 4%
MMarket DirectionneutralNeutral

Sector: Energy

70 tickers in this sector

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