WEC

WHITE ENER FPO [WEC]
White Energy Company Limited engages in coal technology and mining exploration businesses in Australia, Asia, South Africa, Mauritius, and the United Kingdom. The company explores for coal, copper, gold, cobalt, and zinc deposits, as well as rare earth and other base elements. It also holds license for the Binderless Coal Briquetting technology, which processes poor quality coal into a higher quality product. The company was formerly known as Amerod Resource Limited. White Energy Company Limited is headquartered in Newstead, Australia.
Energy · ASX Small Cap
$0.2400 +17.1%

Updated 3 Sep 2026 · Signals refresh every scan

Appeared in 3 consecutive scansFirst seen: 2026-03-04
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Active Signals

Bullish Signals

  • MACD momentum is picking up steam
  • Pressing against the upper Bollinger Band — extended and may need to cool off
  • Trading above both moving averages — the trend is your friend here
  • Volume surging at 11.0x normal while price climbs — real buying conviction behind this move
  • Just broke above 20-day resistance — a level that was capping price, now cleared
  • On a tear — up 29.7% over the last 5 days
  • Beating the Small Ords index — relative strength of 1.14, so it's outpacing the pack
  • Trading above the 200-day average — the long-term trend is on your side
  • Low cash runway (4 quarters) - dilution risk
  • Very high P/S ratio (1245.1x)
  • Small-cap ($20-100M)
  • Capital raise activity (3 events)
  • Dilution velocity warning (3 raises recently)
  • CANSLIM S: Tight float (8%)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 617% over the past year (excluding last month)
  • Excellent risk-adjusted returns — Sharpe of 2.2 means strong gains without wild swings
  • The bigger volume days are the up days — volume-weighted momentum is positive (5.62%/day)
  • Altman Z-Score grey zone (2.47, low-confidence approx)
  • Elevated dilution risk (3 recent capital raises)
  • Commodity (Crude Oil): strong_up (+5pts)
  • AUD/USD strong (-2pts)
  • RBA hiking (-3pts)
  • Dilution risk: technical breakout with recent capital raise

Risk Signals

  • Revenue declining (-10%)
  • Piotroski F-Score weak (2/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Sentiment trap: strong technicals but weak fundamentals
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Recent Catalysts

NONE Notification regarding unquoted securities - WEC
NONE Cleansing Notice under Section 708A(5)(e) of the Corps Act
NONE Application for quotation of securities - WEC
Announcement tone +3pts

Recent ASX Announcements

2026-09-02 Notification regarding unquoted securities - WEC
2026-09-01 Cleansing Notice under Section 708A(5)(e) of the Corps Act
2026-09-01 Application for quotation of securities - WEC
2026-08-30 Proposed issue of securities - WEC
2026-08-30 Proposed issue of securities - WEC

Key Metrics

$97.1M
Market Cap
392K
Avg Volume
11.0x
Vol Ratio
$0.03 — $0.28
52-Week Range
N/A
Short Interest
N/A
Cash Runway
N/A
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 8%
LLeader vs LaggardpassRS: 13
IInstitutional SponsorshipweakInst: 0%
MMarket DirectionneutralNeutral

Sector: Energy

65 tickers in this sector

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