MAY
MELBANA FPO [MAY]
Energy · ASX Small Cap
$0.0040 -27.3%
Updated 22 Jul 2026 · Signals refresh every scan
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Active Signals
Bullish Signals
- RSI drifting toward oversold territory — worth watching
- Took a hit — down 20.0% over the last 5 days
- Volume-price trend says buyers are quietly accumulating — price hasn't caught up yet
- Adequate cash runway (6 quarters)
- Pre-revenue with limited cash
- Near 52-week low (4% of range)
- Micro-cap ($5-20M) - high risk
- Sentiment is mixed — no strong consensus either way
- This one has been in freefall — down 78% over the past year
- Pre-revenue company — Altman Z-Score not applicable
- Penny stock risk ($0.004)
- Commodity (Crude Oil): strong_up (+5pts)
- RBA hiking (-3pts)
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 (3/9, low-confidence approx)
- Not enough chatter to gauge sentiment — defaulting to neutral
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Recent Catalysts
NONE Reinstatement to Quotation
MEDIUM Cuba Operational Update
NEGATIVE Suspension from Quotation
NEGATIVE Trading Halt
Recent ASX Announcements
| 2026-06-17 | Reinstatement to Quotation PRICE SENSITIVE |
| 2026-06-17 | Cuba Operational Update PRICE SENSITIVE |
| 2026-06-16 | Suspension from Quotation PRICE SENSITIVE |
| 2026-06-11 | Trading Halt PRICE SENSITIVE |
Key Metrics
$15.1M
Market Cap
3.4M
Avg Volume
0.3x
Vol Ratio
$0.00 — $0.03
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-6.7%
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: 76% |
| L | Leader vs Laggard | laggard | RS: -25 |
| I | Institutional Sponsorship | weak | Inst: 0% |
| M | Market Direction | neutral | Neutral |
Sector: Energy
62 tickers in this sector
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