Why did LEG.AX stock fall pre-market today?

LEG.AX stock fell **-18.18%** pre-market on heavy volume (2,013,000) likely due to market flow and peer comparisons rather than company news. Thin order books and small market cap amplify moves in exploration names on the ASX.

What is Meyka AI's short-term forecast for LEG.AX stock?

Meyka AI's forecast model projects a monthly level of **A$0.010** for LEG.AX stock, implying approximately **+11.11%** upside from **A$0.009**. Forecasts are model-based projections and not guarantees.

What are the main risks for investors in LEG.AX stock?

Key risks for LEG.AX stock are negative profitability, possible equity dilution to fund exploration, commodity price swings, and low liquidity which can create volatile intraday moves on the ASX.

Where can I find official updates and peer comparisons for LEG.AX stock?

Official company updates are on Legend Mining’s website and ASX announcements. For peer comparisons see Investing.com pages and the Meyka AI stock page for consolidated data and alerts.

AU Stocks

LEG.AX stock down 18.18% pre-market ASX 10 Jan 2026: catalysts to watch

ByHuzaifa Zahoor January 9, 2026January 9, 2026

LEG.AX stock opened sharply lower in pre-market trade on 10 Jan 2026 after a one-day fall of -18.18% to A$0.009, with volume at 2,013,000 shares. The pullback leaves Legend Mining Limited (LEG.AX) well below its year high of A$0.012 despite Basic Materials sector strength. In this pre-market Top Losers note we explain the drivers, flag key ratios, and outline where Meyka AI’s models place short-term upside and downside for the ASX-listed explorer.