Why did MNB.AX stock fall sharply today?

MNB.AX stock fell due to heavy selling and high relative volume. The price dropped **28.21%** to **A$0.014** on **17.73M** shares, reflecting low liquidity and risk-off flows rather than a single public announcement.

What is the Meyka AI view and grade for MNB.AX stock?

Meyka AI rates MNB.AX **58.43/100** (Grade **C+**, Suggestion: **HOLD**). The grade balances weak earnings, modest tangible book value, sector comparison, and limited analyst coverage.

What price target or forecast exists for MNB.AX stock?

Meyka AI's short-term forecast projects **A$0.02**, implying about **42.86%** upside from **A$0.014**. Forecasts are model projections and not guarantees; monitor funding and project updates.

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

Key risks for MNB.AX stock include project funding shortfalls, execution risk in Angola, continued negative cash flow per share (**-0.02**), and low liquidity that can magnify losses on sell-offs.

AU Stocks

MNB.AX down 28.21% to A$0.014 on 16 Feb 2026 Market closed: volume 17.73M flags selling pressure

ByDanny Kontos February 16, 2026February 16, 2026

MNB.AX stock led ASX losers on 16 Feb 2026, plunging 28.21% to A$0.014 as traders offloaded shares into heavy volume. The session closed with 17,732,883.00 shares traded, well above the 50-day average, and a day range of A$0.012–A$0.015. Minbos Resources Limited (MNB.AX) is a small-cap phosphate explorer developing projects in Angola. We examine what moved the price, the company’s fundamentals, technical signals, and what Meyka AI’s grade and forecast imply for short-term investors.