Why did BGP.AX stock drop sharply intraday?

BGP.AX stock fell after a large volume spike (volume **685**, avg **27**). The move likely reflects institutional repositioning ahead of earnings on 11 Mar 2026. No formal company announcement was recorded in the feed for today.

What technical levels should traders watch for BGP.AX stock?

Watch immediate support **A$4.00–A$4.40**, resistance near the prior close **A$5.15**, 50-day average **A$5.52**, and year low **A$3.56**. A close below **A$4.40** on follow-through volume signals more downside.

What is Meyka AI's outlook and forecast for BGP.AX stock?

Meyka AI's forecast model projects yearly **A$6.96**, an implied upside of **54.97%** vs current **A$4.49**. Forecasts are model-based projections and not guarantees; use alongside other research.

Is BGP.AX stock a dividend play after the drop?

BGP.AX offers a trailing dividend yield near **4.36%**, but the payout ratio is high (**88.92%**). That yield is attractive, but the high payout reduces flexibility if earnings weaken.

AU Stocks

BGP.AX Briscoe Group (ASX) down 12.82% intraday 11 Feb 2026: volume spike tests A$4.00 support

ByDanny Kontos February 11, 2026February 11, 2026

BGP.AX stock fell 12.82% intraday to A$4.49 on 11 Feb 2026 as volume surged. The trade shows a 25.37x jump in relative volume (volume 685 vs average 27), signalling a clear volume spike while the stock trades on the ASX in Australia. With the company set to report on 11 Mar 2026, this intraday move increases the chance of near-term volatility. Traders should watch support near A$4.00 and the 50-day average at A$5.52 for the next directional clue.