BAS.AX Bass Oil (ASX) pre-market 29 Jan 2026: earnings due, model flags 40% upside
BAS.AX stock opens pre-market on 29 Jan 2026 ahead of an earnings update that could move the micro-cap energy name. Bass Oil Limited (BAS.AX) trades at A$0.05 with 403,692 shares changing hands and a market cap of A$15,649,958.00. Investors will watch production metrics from the Tangai-Sukananti KSO in Indonesia and cash flow detail, both likely to drive short-term volatility and revise near-term valuation assumptions.
Quick snapshot: BAS.AX stock price and liquidity
Bass Oil Limited (BAS.AX) is trading at A$0.05 pre-market with a day range of A$0.05-A$0.05 and intraday quotes between A$0.047 and A$0.052. Volume today of 403,692 compares with an average volume of 1,108,930, so liquidity is lower than typical and moves can amplify.
Earnings preview: what BAS.AX earnings may reveal
Earnings are scheduled around 29 Jan 2026 and the report should focus on production rates, lifting costs and revenue per barrel from the Tangai-Sukananti KSO. The company has no reported EPS or PE ratio, so cash flow and operating cash flow per share (A$0.00649) will be key for investors. Look for guidance on capex and working capital. Bass Oil’s free cash flow per share is negative at A$-0.00437, so commentary on near-term cash generation will shape market reaction.
Financials and valuation: key ratios for BAS.AX stock
Bass Oil shows a price-to-book ratio of 0.82 and a price-to-sales ratio of 1.98, which suggests the market values the company below book but not deeply discounted relative to revenue. Enterprise value to EBITDA is high at 153.89, reflecting thin earnings and small scale. Current ratio is 2.07, debt-to-equity is low at 0.01, and book value per share is A$0.04184. These figures signal modest liquidity but limited profitability — net income per share is negative at A$-0.00132.
Meyka Grade and forecast: BAS.AX stock rating and model view
Meyka AI rates BAS.AX with a score of 62.25 out of 100 (Grade B, suggestion HOLD). This grade factors S&P 500 comparison, sector performance, financial growth, key metrics and analyst signals. Meyka AI’s forecast model projects a quarterly price of A$0.07, a monthly estimate of A$0.05, and highlights a potential implied upside of 40.00% from the current A$0.05 to A$0.07. Forecasts are model-based projections and not guarantees.
Technicals and trading signals for BAS.AX stock
Momentum indicators show a neutral to mild positive bias: RSI 56.80 and ADX 41.81 indicate a trending setup. The 50-day average is A$0.04701 and the 200-day average is A$0.03533, supporting recent strength. Bollinger bands centre at A$0.05 with an upper band at A$0.07, matching the Meyka quarterly projection and marking a near-term resistance zone.
Risks and catalysts affecting BAS.AX stock outlook
Primary catalysts are production updates, operational guidance and oil price moves. Bass Oil is exposed to Indonesia operations; any change in KSO output or local costs will affect results. The company’s small scale and low liquidity mean share price can swing sharply on limited news. On the downside, the year low is A$0.02 and the stock can fall quickly if cash generation disappoints or if commodity prices retreat.
Final Thoughts
Key takeaways for BAS.AX stock ahead of the 29 Jan 2026 earnings update: Bass Oil trades at A$0.05 with limited liquidity and modest cash balances. Financial ratios show a low price-to-book of 0.82 but elevated enterprise-value multiples due to weak earnings. Meyka AI’s forecast model projects a quarterly target of A$0.07, implying 40.00% upside versus the current price, while downside remains to the year low of A$0.02. Operational disclosure on production and capex will be the immediate driver of market moves. Investors should weigh the small-cap volatility and the company’s negative free cash flow per share of A$-0.00437 before revising positions. Meyka AI provides this as AI-powered market analysis; forecasts are model-based projections and not guarantees.
FAQs
What is the current BAS.AX stock price and market cap?
BAS.AX stock is trading at A$0.05 pre-market with a market cap of A$15,649,958.00 and 319,386,899 shares outstanding. Volume today was 403,692 compared with an average of 1,108,930.
What should investors watch in the BAS.AX earnings report?
Investors should watch production volumes from the Tangai-Sukananti KSO, operating cash flow per share (A$0.00649), capex guidance and any changes to revenue recognition. These items will influence BAS.AX stock moves.
What is Meyka AI’s forecast and grade for BAS.AX stock?
Meyka AI rates BAS.AX with a score of 62.25/100 (Grade B, suggestion HOLD) and the model projects a quarterly price of A$0.07, implying 40.00% upside. Forecasts are model-based projections and not guarantees.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
