WAX

WAM RESEAR FPO [WAX]
WAM Research Limited is a closed-ended equity mutual fund launched and managed by MAM Pty Limited. The fund invests in public equity markets of Australia. It makes its investments in companies primarily engaged in the industrial sector. The fund invests in value and growth stocks of small to medium-cap companies. It benchmarks the performance of its portfolio against the S&P/ASX All Ordinaries Accumulation Index. The fund conducts in-house research to make its investments. It was formerly known as Wilson Investment Fund Limited. WAM Research Limited was formed on May 10, 2002 and is domiciled in Australia.
Financial Services · ASX Small Cap
$0.8850 +0.0%

Updated 3 Sep 2026 · Signals refresh every scan

Appeared in 2 consecutive scansFirst seen: 2026-02-25
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Active Signals

Bullish Signals

  • RSI is looking oversold — historically a spot where stocks tend to bounce
  • Volume surging at 3.9x normal while price climbs — real buying conviction behind this move
  • Drifting lower — down 4.8% over the last 5 days
  • Lagging the Small Ords index — relative strength of 0.85, underperforming its peers
  • Volatility is expanding fast — choppy price action, so buckle up
  • Cash positive / operating cashflow positive
  • Near 52-week low (15% of range)
  • CANSLIM A: Turned profitable
  • Sentiment is mixed — no strong consensus either way
  • Poor risk-adjusted returns — Sharpe of -1.6 means lots of volatility for not much reward
  • Pre-revenue company — Altman Z-Score not applicable
  • RBA hiking (-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
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • The bigger volume days are the down days — volume-weighted momentum is negative (-1.32%/day)
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Recent Catalysts

NONE Change in substantial holding from WAM/WMI/WAX
NONE Change in substantial holding from WAM/WMI/WAX
NONE Final dividend partially franked, 2026 Full Year Results
LOW Appendix 4E and Annual Report

Recent ASX Announcements

2026-08-31 Change in substantial holding from WAM/WMI/WAX
2026-08-26 Change in substantial holding from WAM/WMI/WAX
2026-08-23 Final dividend partially franked, 2026 Full Year Results PRICE SENSITIVE
2026-08-23 Appendix 4E and Annual Report PRICE SENSITIVE
2026-08-23 Dividend/Distribution - WAX PRICE SENSITIVE

Key Metrics

$189.0M
Market Cap
350K
Avg Volume
3.9x
Vol Ratio
$0.82 — $1.36
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-13.7%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsimprovingCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & Demandinsufficient_dataFloat: 0%
LLeader vs LaggardlaggardRS: -7
IInstitutional SponsorshipweakInst: 0%
MMarket DirectionneutralNeutral

Sector: Financial Services

115 tickers in this sector

View all Financial Services signals →Browse all ASX tickers A–Z →
Related Tickers
IAM -20.0%RMC -12.3%KYN -11.6%MAM +9.6%ARC +9.1%
Compare:WAX vs IAMWAX vs RMCWAX vs KYN
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