Why did ROG.AX stock drop 20% pre-market?

ROG.AX stock fell mainly due to very low volume of **23,553.00** shares versus an average of **3,302,787.00**, which magnified selling. No major company announcement explains the move, so liquidity and short-term selling pressure likely drove the 20.00% drop.

What is Meyka AI's forecast for ROG.AX stock?

Meyka AI's forecast model projects **A$0.00408** for ROG.AX stock in 12 months. That implies **103.77%** upside versus the current **A$0.002**. Forecasts are model-based projections and not guarantees.

What are the main risks for ROG.AX stock investors?

Primary risks include low liquidity, negative profitability, and dilution or financing needs. Operational setbacks at Killanoola or US fields would pressure ROG.AX stock. These risks can trigger large percentage moves given the small market cap.

What catalysts could lift ROG.AX stock?

Catalysts include positive exploration results, asset sales, stronger commodity pricing, or clearer funding plans. The earnings announcement on **26 Mar 2026** is a near-term event that could shift sentiment for ROG.AX stock.

AU Stocks

ROG.AX Red Sky Energy Limited (ASX) down 20.00% pre-market 11 Feb 2026: analyst outlook

ByHuzaifa Zahoor February 10, 2026

ROG.AX stock fell 20.00% pre-market to A$0.002 on 11 Feb 2026, marking it among the ASX top losers in early trade. The move followed very low volume of 23,553.00 shares versus an average volume of 3,302,787.00, highlighting liquidity strain. We examine drivers, valuation, technicals and a Meyka AI forecast to frame near-term risk and upside for Red Sky Energy Limited on the ASX in Australia.