MGL
MAGONTEC FPO [MGL]
Basic Materials · ASX Small Cap
$0.2400 +4.4%
Updated 3 Sep 2026 · Signals refresh every scan
Appeared in 2 consecutive scansFirst seen: 2026-03-03
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Active Signals
Bullish Signals
- MACD momentum is picking up steam
- Volume surging at 1409.9x normal while price falls — heavy selling pressure
- Beating the Small Ords index — relative strength of 1.17, so it's outpacing the pack
- Trading above the 200-day average — the long-term trend is on your side
- Cash positive / operating cashflow positive
- Low P/S ratio (0.2x)
- Strong revenue growth (+33%)
- Micro-cap ($5-20M) - high risk
- CANSLIM I: Institutional ownership (33%)
- Turned profitable (NPAT positive from results)
- Sentiment is mixed — no strong consensus either way
- Revenue growing at +33% — the top line is moving in the right direction
- The bigger volume days are the up days — volume-weighted momentum is positive (4.92%/day)
- Liquidity risk: 10 zero-volume days in last 20
- AUD/USD strong (-2pts)
- RBA hiking (-3pts)
Risk Signals
- Negative profit margins (-0%)
- Not enough chatter to gauge sentiment — defaulting to neutral
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Recent Catalysts
NONE Half Yearly Report and Accounts
NONE Magontec 2026 Half Year Results Announcement
NONE Appendix 4D - Half Year Report 30 June 2026
Recent ASX Announcements
| 2026-08-28 | Half Yearly Report and Accounts |
| 2026-08-28 | Magontec 2026 Half Year Results Announcement PRICE SENSITIVE |
| 2026-08-28 | Appendix 4D - Half Year Report 30 June 2026 PRICE SENSITIVE |
| 2026-07-26 | Final Director's Interest Notice - Mr Li |
| 2026-07-26 | Director Resignation - Li |
Key Metrics
$13.9M
Market Cap
25K
Avg Volume
500.0x
Vol Ratio
$0.19 — $0.27
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-0.7%
ROE
-0.5%
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: 61% |
| L | Leader vs Laggard | pass | RS: 4 |
| I | Institutional Sponsorship | pass | Inst: 33% |
| M | Market Direction | neutral | Neutral |
Sector: Basic Materials
537 tickers in this sector
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