ION
IONDRIVE FPO [ION]
Basic Materials · ASX Small Cap
$0.0730 +4.3%
Updated 3 Sep 2026 · Signals refresh every scan
Appeared in 2 consecutive scansFirst seen: 2026-03-05
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Active Signals
Bullish Signals
- Trading above both moving averages — the trend is your friend here
- Above-average volume (1.7x) on a green day — buyers stepping up
- On a tear — up 12.3% over the last 5 days
- Beating the Small Ords index — relative strength of 1.24, so it's outpacing the pack
- Trading above the 200-day average — the long-term trend is on your side
- Strong cash runway (8 quarters)
- Near 52-week high (92% of range)
- Small-cap ($20-100M)
- CANSLIM N: Near 52-week high (breakout territory)
- CANSLIM I: Institutional ownership (19%)
- Revenue growth 211% YoY (from results)
- Sentiment is mixed — no strong consensus either way
- Positive long-term momentum — up 36% over the past year
- The bigger volume days are the up days — volume-weighted momentum is positive (7.65%/day)
- Altman Z-Score grey zone (1.81, low-confidence approx)
- AUD/USD strong (-2pts)
- RBA hiking (-3pts)
Risk Signals
- Piotroski F-Score weak (3/9, low-confidence approx)
- Deeply negative margins (-193%)
- Not enough chatter to gauge sentiment — defaulting to neutral
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Recent Catalysts
NONE Full Year Statutory Accounts
NONE Appendix 4E
NONE Change in substantial holding
Recent ASX Announcements
| 2026-08-30 | Full Year Statutory Accounts |
| 2026-08-30 | Appendix 4E PRICE SENSITIVE |
| 2026-08-06 | Change in substantial holding |
| 2026-08-05 | Application for quotation of securities - ION |
| 2026-08-05 | Notification regarding unquoted securities - ION |
Key Metrics
$97.2M
Market Cap
4.9M
Avg Volume
1.7x
Vol Ratio
$0.02 — $0.08
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-105.4%
ROE
-193.0%
Profit Margin
CANSLIM Analysis
| Factor | Rating | Detail | |
|---|---|---|---|
| C | Current EPS | fail | EPS Growth: 0% |
| A | Annual Earnings | fail | CAGR: 0% |
| N | New Highs / Catalysts | pass | Near 52w High |
| S | Supply & Demand | neutral | Float: 56% |
| L | Leader vs Laggard | pass | RS: 142 |
| I | Institutional Sponsorship | pass | Inst: 19% |
| M | Market Direction | neutral | Neutral |
Sector: Basic Materials
537 tickers in this sector
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