What caused the OXX.AX stock volume spike today?

No official ASX release explained the spike; likely drivers are speculative trading, positioning ahead of exploration news, or a small block trade. OXX.AX stock has a tiny float, so modest orders can produce large volume swings.

Is OXX.AX stock a buy after the volume spike?

Given negative EPS, weak liquidity and small market cap, Meyka suggests caution. The Meyka grade is **B (HOLD)**. Traders can consider short‑term trades on clear technical follow‑through, but long‑term buyers should wait for firm exploration results.

What targets does Meyka AI give for OXX.AX stock?

Meyka AI's forecast model projects a short‑term target of **A$0.010** and a 12‑month scenario target of **A$0.020**. These reflect model scenarios only and are not guarantees.

What are the main risks for OXX.AX stock holders?

Major risks include low liquidity, negative profitability, possible dilution from capital raises, and exploration failure. OXX.AX stock can show high volatility, so position sizing and stop losses are essential.

AU Stocks

29,500 volume spike on OXX.AX Octanex ASX Feb 09 2026: liquidity to watch

ByHuzaifa Zahoor February 9, 2026February 9, 2026

OXX.AX stock posted a 29,500 share volume spike on the ASX at A$0.006 on 09 Feb 2026, versus an average volume of 500, a relVolume of 59.0. The price was unchanged intraday with a day low and high at A$0.006, showing heavy trading flow but no price break. We review what drove the volume move, the company’s fundamentals and key technical levels, and present Meyka AI’s short and 12‑month outlook for Octanex Limited on the ASX.