MEG
MEG FPO [MEG]
Basic Materials · ASX Small Cap
$0.0140 +0.0%
Updated 9 Sep 2026 · Signals refresh every scan
Appeared in 2 consecutive scansFirst seen: 2026-03-02
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Active Signals
Bullish Signals
- RSI is looking oversold — historically a spot where stocks tend to bounce
- MACD momentum is losing steam
- Sitting right at the lower Bollinger Band — oversold and potentially ready to snap back
- Sitting near support — this level has held before and could attract buyers again
- Took a hit — down 17.6% over the last 5 days
- Lagging the Small Ords index — relative strength of 0.80, underperforming its peers
- Volatility is expanding fast — choppy price action, so buckle up
- Strong cash runway (9 quarters)
- 4C filed 2026-07-29
- Revenue in sharp decline (-68%)
- Near 52-week low (4% 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 (0.87%/day)
- Pre-revenue company — Altman Z-Score not applicable
- Penny stock risk ($0.014)
- Liquidity risk: 12 zero-volume days in last 20
- AUD/USD strong (-2pts)
- 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
- Long-term momentum is negative — down 33% over the past year
- Revenue declining at -68% — the top line is shrinking
Expected next for MEG
Window: 30 Sep to 25 Nov
The last 10 moved MEG -0.9% on the day, on average — an observation, not a guide to what happens next.
Each date is labelled with how it is known. A date estimated from past filings is inferred from this company's own filing rhythm — it is not a confirmed date and not a statement about what the company intends to do. See the whole ASX calendar →
Recent Catalysts
NONE Half Yearly Report and Accounts - 30 June 2026
NONE Notice of General Meeting/Proxy Form
NONE Quarterly Activities Report & Appendix 5B
Recent ASX Announcements
| 2026-09-04 | Half Yearly Report and Accounts - 30 June 2026 |
| 2026-09-04 | Notice of General Meeting/Proxy Form |
| 2026-07-29 | Quarterly Activities Report & Appendix 5B PRICE SENSITIVE |
| 2026-07-21 | Alpartir Silver-Copper-Antimony Project Progressing PRICE SENSITIVE |
| 2026-07-21 | Corporate presentation - July 2026 |
Key Metrics
$10.1M
Market Cap
N/A
Avg Volume
N/A
Vol Ratio
$0.01 — $0.04
52-Week Range
N/A
Short Interest
9 qtrs
Cash Runway
-14.7%
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: 62% |
| L | Leader vs Laggard | laggard | RS: -10 |
| I | Institutional Sponsorship | weak | Inst: 1% |
| M | Market Direction | neutral | Neutral |
Sector: Basic Materials
535 tickers in this sector
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