Why did HLX.AX stock fall so steeply after hours?

The after‑hours fall to **A$0.001** likely reflects very low liquidity, a **520,000.00** share session versus an average **9,281,908.00**, and no immediate positive news. Thin trading can magnify modest sell orders into large percentage moves for HLX.AX stock.

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

Primary risks are equity dilution from capital raises, ongoing negative earnings, and persistent low liquidity. HLX.AX stock can swing widely on small volumes, and lack of EPS/PE data increases valuation uncertainty for investors.

What price targets does Meyka AI give for HLX.AX stock?

Meyka AI's forecast model projects **A$0.002** in 12 months (implied **100.00%** upside from **A$0.001**). An aggressive scenario at the 52‑week high is **A$0.004** (implied **300.00%**). Forecasts are model‑based and not guarantees.

What should traders watch next for HLX.AX stock?

Watch volume spikes, any capital‑raising announcements, and drilling results. Helix has an earnings/announcement scheduled for **2026‑03‑12**; a positive update or funded program could reduce risk and support HLX.AX stock.

AU Stocks

HLX.AX Helix Resources ASX down 33.33% after hours 16 Feb 2026: liquidity watch

ByHuzaifa Zahoor February 16, 2026February 16, 2026

HLX.AX stock plunged 33.33% in after‑hours trade on 16 Feb 2026 to A$0.001, down from a previous close of A$0.0015. The move followed a thin session with 520,000.00 shares traded versus an average volume of 9,281,908.00, magnifying price swings for this ASX microcap. Given a market capitalisation of A$5,346,291.00 and 5,346,290,525.00 shares outstanding, the drop highlights liquidity and valuation stress for Helix Resources Limited (HLX.AX) on the ASX in Australia.