46LOW

MNE

MACALLUMNE FPO [MNE]
Macallum New Energy Limited operates as an oil and gas exploration and development company in Western Australia. It holds 100% of the projects, EP 494 and EP 511 located in the onshore Northern Perth Basin in Western Australia. The company was incorporated in 2018 and is based in Applecross, Australia.
Energy · ASX Small Cap
$0.1400 -6.7%

Updated 24 Mar 2026 · Scores refresh every scan

Appeared in 2 consecutive scans→ Score -5First seen: 2026-03-24

Score Breakdown

Technical65
Catalyst71
Sentiment50
Fundamental45
Momentum50
Risk Gate50

Active Signals

Bullish Signals

  • RSI oversold (potential bounce)
  • Critical cash runway (0.0 quarters)
  • Very high P/S ratio (105.8x)
  • Near 52-week low (0% of range)
  • Small-cap ($20-100M)
  • CANSLIM S: Tight float (36%)
  • Sentiment is mixed — no strong consensus either way
  • Commodity (Crude Oil): strong_up (+5pts)
  • RBA hiking (-3pts)
  • Overseas risk_off (-3pts, S&P500 down, VIX 26)

Risk Signals

  • Piotroski F-Score weak (2/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Insufficient data for momentum
  • ASX200 bearish (-3.0% 5d)

Recent Catalysts

NONE Commencement of Barberton 3D Seismic Survey
NONE Half Year Financial Report 31 December 2025
HIGH Notice of Initial Substantial Holder - S.G.J
HIGH Notice of Initial Substantial Holder - Labonne
HIGH Notice of Initial Substantial Holder - Macallum Group

Recent ASX Announcements

2026-03-17 Commencement of Barberton 3D Seismic Survey PRICE SENSITIVE
2026-03-13 Half Year Financial Report 31 December 2025
2026-03-13 Notice of Initial Substantial Holder - S.G.J
2026-03-11 Notice of Initial Substantial Holder - Labonne
2026-03-11 Notice of Initial Substantial Holder - Macallum Group

Key Metrics

$20.3M
Market Cap
N/A
Avg Volume
0.8x
Vol Ratio
$0.14 — $0.26
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-20.9%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 36%
LLeader vs Laggardinsufficient_dataRS: 0
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectioncautionBearish

Sector: Energy

Ranked #24 of 77 · Sector avg: 42

View all Energy signals →
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FDR 55OMA 53ECH 52TBN 51CTP 51
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