ROG

RED SKY. FPO [ROG]
Red Sky Energy Limited, an oil and gas exploration and development company, acquires, drills, and develops oil and gas resources in the United States, the British Virgin Islands, and Australia. The company owns 100% interest in its flagship project, the Killanoola Oil project covering an area of approximately 17.5 square kilometers located in the onshore Otway Basin, South Australia. Red Sky Energy Limited was incorporated in 2001 and is based in Melbourne, Australia.
Energy · ASX Small Cap
$0.0010 +0.0%

Updated 22 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • MACD momentum is picking up steam
  • Stochastic is deep in oversold territory — bounce conditions forming
  • Volume surging at 3.7x normal while price falls — heavy selling pressure
  • Sitting near support — this level has held before and could attract buyers again
  • Volume-price trend says buyers are quietly accumulating — price hasn't caught up yet
  • Cash positive / operating cashflow positive
  • Low P/S ratio (5.0x)
  • Moderate revenue growth (+11%)
  • Near 52-week low (4% of range)
  • Micro-cap ($5-20M) - high risk
  • Large director buy detected (1 significant transactions)
  • Capital raise activity (1 events)
  • CANSLIM S: Tight float (36%)
  • Sentiment is mixed — no strong consensus either way
  • This one has been in freefall — down 80% over the past year
  • Altman Z-Score grey zone (2.32, low-confidence approx)
  • Penny stock risk ($0.001)
  • Beneish M-Score -0.71 > -1.78: likely earnings manipulation
  • Commodity (Crude Oil): strong_up (+5pts)
  • RBA hiking (-3pts)
  • Calendar: Quarterly Activities in 4d (+5pts)

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
  • Deeply negative margins (-22%)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • The bigger volume days are the down days — volume-weighted momentum is negative (-11.05%/day)
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Recent Catalysts

HIGH Notice of change of interests of substantial holder
NONE Change of Director's Interest Notice x 3
NONE Notification of cessation of securities - ROG
NONE Proposed issue of securities - ROG
Announcement tone +5pts

Recent ASX Announcements

2026-07-13 Notice of change of interests of substantial holder
2026-07-06 Change of Director's Interest Notice x 3
2026-07-02 Notification of cessation of securities - ROG
2026-06-26 Proposed issue of securities - ROG
2026-06-26 Small Shareholding Sale Facility

Key Metrics

$10.6M
Market Cap
4.0M
Avg Volume
3.7x
Vol Ratio
$0.00 — $0.01
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-6.3%
ROE
-21.8%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 36%
LLeader vs LaggardlaggardRS: -17
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Energy

62 tickers in this sector

View all Energy signals →Browse all ASX tickers A–Z →
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