MAY
MELBANA FPO [MAY]
Energy · ASX Small Cap
$0.0050 +0.0%
Updated 9 Sep 2026 · Signals refresh every scan
Appeared in 5 consecutive scansFirst seen: 2026-02-25
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Active Signals
Bullish Signals
- MACD just crossed bullish — momentum is shifting to the upside
- Volume surging at 3.6x normal while price falls — heavy selling pressure
- Knocking on the door of resistance — if it punches through, things could get interesting
- On a tear — up 25.0% over the last 5 days
- Volume-price trend says buyers are quietly accumulating — price hasn't caught up yet
- Volatility is expanding fast — choppy price action, so buckle up
- Adequate cash runway (6 quarters)
- 4C filed 2026-07-31
- Pre-revenue with limited cash
- Near 52-week low (12% of range)
- Micro-cap ($5-20M) - high risk
- Sentiment is mixed — no strong consensus either way
- The bigger volume days are the up days — volume-weighted momentum is positive (4.24%/day)
- Pre-revenue company — Altman Z-Score not applicable
- Penny stock risk ($0.005)
- Commodity (Crude Oil): strong_up (+7pts)
- AUD/USD strong (-2pts)
- RBA hiking (-3pts)
Risk Signals
- 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
- Long-term momentum is negative — down 44% over the past year
Recent Catalysts
NONE Quarterly Activities/Appendix 5B Cash Flow Report
Recent ASX Announcements
| 2026-07-31 | Quarterly Activities/Appendix 5B Cash Flow Report PRICE SENSITIVE |
Key Metrics
$18.9M
Market Cap
1.2M
Avg Volume
3.6x
Vol Ratio
$0.00 — $0.02
52-Week Range
N/A
Short Interest
6 qtrs
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: 0 |
| I | Institutional Sponsorship | weak | Inst: 0% |
| M | Market Direction | neutral | Neutral |
Sector: Energy
68 tickers in this sector
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