BMH.AX stock is trading at A$0.007 on the ASX intraday on 28 Feb 2026, with heavy volume of 507,256 shares. The share price sits at the year low and shows a sharp jump in relative volume, creating a classic oversold bounce setup for short-term traders. We examine the drivers, valuation, technicals and model forecasts to frame a measured trading approach.

BMH.AX stock snapshot

Baumart Holdings Limited (BMH.AX) trades on the ASX in AUD. Current price is A$0.007, day range A$0.007–A$0.008, year high A$0.071 and year low A$0.007. Market cap is A$1,140,826.00 with 162,975,124 shares outstanding. Latest EPS is -0.01 and PE is -0.70. Volume today is 507,256.00 versus avg volume 18,262.00, giving a rel volume near 27.78.

Why an oversold bounce is plausible

Price at the year low and surge in volume create a short-term mean reversion setup. The 50-day average equals today’s price at A$0.007, while the 200-day sits at A$0.0118675, suggesting potential upside to the longer-term mean. Basic Materials sector strength this year supports bounce risk, but sector cyclicality adds caution.

Financials and valuation for BMH.AX stock

Baumart shows tight fundamentals: price-to-book 1.98, price-to-sales 32.39, EV A$1,793,018.00, and debt-to-equity 1.33. Current ratio is 0.59, gross margin 63.10%, and net income is negative with EPS -0.01. Working capital is negative, limiting runway for an operational recovery without fresh cash or contract wins.

Technicals and intraday trading flow

Intraday action opened at A$0.008 then traded to A$0.007, with a sharp jump in transactions. ADX reads 100.00, flagging a strong trend on low price. Traditional momentum indicators are thin on microcap liquidity, but the large relative volume signals likely short-term volatility and a possible bounce target near recent resistance.

Meyka AI rating and model forecast

Meyka AI rates BMH.AX with a score of 62.27 out of 100 — Grade B, suggestion HOLD. This grade factors S&P 500 and sector comparison, financial growth, key metrics and analyst signals. Meyka AI’s forecast model projects A$0.012 in three months, an implied upside of +71.43% vs A$0.007, and a longer view target of A$0.025 in 12 months, implied upside +257.14%. Forecasts are model-based projections and not guarantees. See company site Baumart and ASX company page ASX BMH.

Risks and short-term catalysts

Key risks include tiny market cap A$1,140,826.00, low liquidity, negative cash flow and high leverage. Catalysts that could trigger a legitimate bounce are contract wins, supply-chain margin recovery, or a trading update after the 2026-02-26 earnings announcement. Traders should weigh tight stop levels and position size against the stock’s volatility and low float.

Final Thoughts

BMH.AX stock presents an oversold bounce setup intraday on 28 Feb 2026 at A$0.007 due to a year-low print and unusually high volume of 507,256.00 shares. Short-term traders can watch a first resistance and tactical target near A$0.012, which matches Meyka AI’s 3-month forecast and implies +71.43% upside from today’s price. The company’s fundamentals remain stretched — negative EPS -0.01, current ratio 0.59, and debt-to-equity 1.33 — so any trade should be sized for risk and use a tight stop. Meyka AI’s model also outlines a longer-term reference target of A$0.025, but that scenario requires operational recovery or fresh capital. Forecasts are model-based projections and not guarantees. For traders using an oversold bounce strategy, the signal is actionable only with strict risk controls and confirmation from volume and corporate news. Meyka AI provides the data-driven context for this setup as an AI-powered market analysis platform.

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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.