I am a U.S. investor and I use the free Reuters PowerScreener to screen for U.S. stocks using my own user-defined variables. Is there such a programmable tool available for shares on the ASX? I would like to search, for example, for shares fulfilling the following criterion:
Price < (2/3) * [(Curr Assets - All Liabilities - Preferred shares)/#shares outstanding]
Is there a free (or pay) tool available that can accomplish this level of screening?