Why did GGE.AX stock drop after hours on 23 Feb 2026?

GGE.AX stock dropped **33.33%** after hours due to thin liquidity and a volume spike of **2,815,978**. No single company release explained the move; low market cap and sector volatility amplified selling.

What is Meyka AI’s forecast for GGE.AX stock?

Meyka AI's forecast model projects **A$0.0015** over 12 months for GGE.AX stock, implying **-25.00%** from the current **A$0.002**. Forecasts are model-based and not guarantees.

Is GGE.AX stock a buy after the drop?

Given negative EPS **-0.01**, small market cap **A$7,051,050** and volatile trading, Meyka AI assigns a **C+ (HOLD)**. Investors should wait for operational catalysts or stronger sector momentum before buying.

What price levels should traders watch for GGE.AX stock?

Watch near-term support at **A$0.001** and resistance at **A$0.003**. A recovery target to **A$0.004** is possible if positive operational news appears.

AU Stocks

GGE.AX Grand Gulf Energy ASX down 33.33% after hours 23 Feb 2026: key insight

ByHuzaifa Zahoor February 23, 2026February 23, 2026

We saw GGE.AX stock fall 33.33% after hours on 23 Feb 2026, dropping to A$0.002 on the ASX. Trading volume hit 2,815,978 shares, above the 50-day average of 2,143,854, marking it a top loser in the Energy sector. We break down the price move, fundamentals, technicals and a model forecast to help investors understand the drivers behind today’s sell-off.