ION
IONDRIVE FPO [ION]
Basic Materials · ASX Small Cap
$0.0370 +27.6%
Updated 22 Jul 2026 · Signals refresh every scan
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Active Signals
Bullish Signals
- Pressing against the upper Bollinger Band — extended and may need to cool off
- 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 27.6% over the last 5 days
- Beating the Small Ords index — relative strength of 1.69, so it's outpacing the pack
- Trading above the 200-day average — the long-term trend is on your side
- Strong cash runway (11 quarters)
- Small-cap ($20-100M)
- CANSLIM I: Institutional ownership (19%)
- Sentiment is mixed — no strong consensus either way
- The bigger volume days are the up days — volume-weighted momentum is positive (7.49%/day)
- Altman Z-Score grey zone (1.84, low-confidence approx)
- Low-priced stock risk ($0.032)
- RBA hiking (-3pts)
- Calendar: Quarterly 4C in 11d (+5pts)
Risk Signals
- Piotroski F-Score weak (3/9, low-confidence approx)
- Not enough chatter to gauge sentiment — defaulting to neutral
- Long-term momentum is negative — down 45% over the past year
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Recent Catalysts
NONE Former BHP Head of Innovation, Dr Caffery, Appointed CEO
NONE Notification of cessation of securities - ION
NONE Investor Webinar Invitation
LOW Investor Presentation
Announcement tone +3pts
Recent ASX Announcements
| 2026-07-19 | Former BHP Head of Innovation, Dr Caffery, Appointed CEO PRICE SENSITIVE |
| 2026-07-05 | Notification of cessation of securities - ION |
| 2026-07-02 | Investor Presentation |
| 2026-07-02 | Investor Webinar Invitation |
| 2026-06-28 | Oklahoma Supports Iondrives U.S. Rare Earth Initiative PRICE SENSITIVE |
Key Metrics
$41.5M
Market Cap
4.4M
Avg Volume
1.7x
Vol Ratio
$0.02 — $0.07
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-81.9%
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 | neutral | Float: 58% |
| L | Leader vs Laggard | pass | RS: 27 |
| I | Institutional Sponsorship | pass | Inst: 19% |
| M | Market Direction | neutral | Neutral |
Sector: Basic Materials
506 tickers in this sector
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