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What the Samso DYOR List Has Found Since It Started

2 hours ago
10 min read
Samso News banner. Samso DYOR List, what the list has found since it started.
Samso taxonomy strip. Samso News, ASX Small Caps, Samso DYOR List, Market Screen.

The Samso DYOR List went live on 13 October 2026. Each weekday morning it screens every small ASX company, those valued under A$5 million, keeps a Quiet List of those whose share price has gone nowhere for six months or more, and notes the days something happens to one of them. In its first seven screens, covering 13 to 21 October, it noted nine companies [R4]. This piece sets out what was found and why each one was noted.

All prices in this piece are as at the close of ASX trading on 21 October 2026.

How the DYOR List Works

The list starts with every ASX company valued under A$5 million on the ASX company directory [R1]. That was 104 companies on the first screen and 127 on the screen of 21 October. From those it builds the Quiet List, the companies whose closing price has stayed flat for at least the last six months, and for many of them the last one or two years. The Quiet List held 37 companies on 13 October and 46 on 21 October (FIG. 01, at the end of this section). The larger companies and the day’s biggest moves are covered each trading day in ASX today.

For a share under 10 cents, flat means every close stayed within four price steps of its usual close. The screen counts a step as a tenth of a cent under 10 cents. Some of these shares also trade at half steps, such as 0.15 and 0.25 cents. At 0.2 cents a move of a tenth of a cent is 50 per cent, which is why the screen counts steps and not percentages.

A Quiet List company is noted on a day when one of two things happens. Either at least 10 times its usual daily number of shares changes hands, with the price moving one step or less and no announcement that day or the trading day before. Or the company lodges a board change, a substantial holder notice, a change of control, a takeover or a placement. A noted company is then followed for 60 trading days.

FIG. 01. Bar chart of the seven DYOR List screens from 13 to 21 October 2026. Companies valued under A$5 million rose from 104 to 127, the Quiet List from 37 to 46, and nine companies were noted for the first time.

What the List Found, in Numbers

In seven screens the list noted nine companies. Five were noted on volume. Each traded between 12 and 24 times its usual number of shares on a day with no ASX announcement, and none of the five changed its closing price. The other four lodged a substantial holder notice or a board change.

Leaving out the large custodian nominees, five of the nine share a Top 20 holder with another of the nine. Eight of the nine closed on 21 October at the price they were noted at.

The rest of this piece names the nine companies, sets out why each was noted, and shows where their registers overlap. It is for Samso Access members.

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