What is the current price and volume for PPG.AX stock?

PPG.AX stock is trading at **A$0.018** pre-market on 12 Feb 2026 with volume at **480,535** shares versus average volume **31,624**, indicating a surge in trading activity.

Why is PPG.AX stock considered an oversold bounce?

The stock is near its year low **A$0.014** and below the 50-day average; a high relative volume **15.20x** suggests short-term mean reversion potential, consistent with an oversold bounce setup.

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

Key risks include negative EPS **-A$0.46**, weak interest coverage, a long cash conversion cycle, and the possibility of failing to hold **A$0.014**, which would negate a bounce trade.

What price target and outlook does Meyka AI give for PPG.AX stock?

Meyka AI's model projects a reference fair value near **A$0.04**, implying roughly **122.22%** upside versus **A$0.018** today, with the caveat that forecasts are model-based and not guarantees.

AU Stocks

A$0.018: PPG.AX Pro-Pac Packaging on ASX pre-market oversold bounce, volume

ByDanny Kontos February 12, 2026

PPG.AX stock is trading at A$0.018 in pre-market trade on 12 Feb 2026, with volume running at 480,535 shares versus an average 31,624. This spike in activity and a price near the 50-day average of A$0.02 flags a classic oversold bounce setup. Traders watching short-term mean reversion will note support at the year low A$0.014 and a crowded float of 181,687,722 shares. We focus on how volume, valuation and upcoming earnings could shape a short-term rebound for Pro-Pac Packaging Limited on the ASX.