Why did WNX.AX stock fall sharply on 12 Feb 2026?

WNX.AX stock fell due to heavy selling, a volume spike to 214,069, poor profitability (EPS -0.53) and weak cash flow metrics. No single public corporate announcement explained the drop, so technical selling and investor caution likely drove the move.

What are the near-term price levels to watch for WNX.AX stock?

Key levels are support at A$0.12 and the year low A$0.086. Resistance sits near the 50‑day average A$0.13284 and the 200‑day average A$0.21534. A close above A$0.14 would ease immediate downside pressure.

How does Meyka AI grade WNX.AX stock and what does it mean?

Meyka AI rates WNX.AX **68.69/100**, Grade **B**, Suggestion **HOLD**. The grade blends benchmark and sector comparisons, financial growth, key metrics and consensus. It is informational only and not financial advice.

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

Meyka AI's forecast model projects a monthly level of **A$0.21**, implying about **68.00%** upside from A$0.125. Forecasts are model-based projections and not guarantees and depend on earnings and liquidity improvements.

AU Stocks

WNX.AX down 21.88% to A$0.125 on ASX 12 Feb 2026: key levels to watch

ByDanny Kontos February 12, 2026February 12, 2026

WNX.AX stock slid 21.88% to A$0.125 at market close on the ASX on 12 Feb 2026 following heavy selling and a jump in volume to 214,069 shares. The move left the stock well below its 200-day average of A$0.21534 and closer to its year low of A$0.086. Traders flagged no major company announcement, so the reaction looks driven by technical selling and renewed investor scrutiny of the group’s weak earnings metrics and cash flow ratios.