What caused the OXX.AX stock volume spike today?

The spike to **29,500** shares, about **59.00x** average volume, likely reflects a block trade or short-term trader interest rather than fresh price-driving news. No intraday price move suggests liquidity, not a breakout.

Is OXX.AX stock a buy after the volume increase?

Meyka AI currently rates OXX.AX as a **B (HOLD)** due to weak fundamentals and limited cash. Traders may act on volume, but long-term investors should seek improving financials or clear exploration results.

What price targets exist for OXX.AX stock?

Meyka AI's model gives a conservative target **A$0.010**, base **A$0.015**, and bull **A$0.025** versus current **A$0.006**. These are projections, not guarantees, and depend on company updates and sector moves.

How liquid is OXX.AX stock typically?

Typical daily volume is **500** shares and today’s volume was **29,500**, so liquidity is usually thin. The spike improves tradeability temporarily but execution risk returns on low-volume days.

AU Stocks

Volume Spike: OXX.AX Octanex (ASX) A$0.006 intraday 26 Feb 2026: liquidity signal

ByDanny Kontos February 26, 2026

A clear intraday volume spike has driven trading in OXX.AX stock while the price sits at A$0.006 on the ASX on 26 Feb 2026. Volume of 29,500 shares traded is roughly 59.00x the 50-day average of 500 shares, signalling a liquidity event rather than a price breakout. We examine what the spike means for Octanex Limited (ASX: OXX.AX) and whether the move alters the risk-reward for small-cap resource investors.