TFL.AX TasFoods (ASX) down 28.57% pre-market 17 Jan 2026: check liquidity risk
TFL.AX stock opened the ASX pre-market session sharply lower after a heavy sell-off. TasFoods Limited (TFL.AX) is trading at A$0.005, down -28.57% from the previous close of A$0.007 on volume 1,655,527 shares. The move outpaces the 50-day average price A$0.00536 and average volume 272,615, suggesting forced selling or a liquidity squeeze. We examine drivers, key ratios, technicals and a Meyka AI outlook to show why the drop matters for short-term traders and long-term holders.
TFL.AX stock: pre-market price action and volume
TasFoods Limited (TFL.AX) fell to A$0.005 in pre-market trade on 17 Jan 2026. Volume hit 1,655,527 shares, or 6.07x average volume, signalling outsized selling pressure.
The intraday range was A$0.005 to A$0.007. The stock’s year high is A$0.018 and year low is A$0.003, giving context to today’s move and potential support near the low.
TFL.AX stock: fundamentals and valuation
TasFoods shows negative earnings with EPS -0.02 and a trailing PE of -0.25, reflecting losses. The market cap is roughly A$1,937,955 and shares outstanding are 387,591,000.
Key ratios highlight balance sheet stress: current ratio 0.71, debt to equity 3.12, and price to book 0.83. These figures explain why sellers reacted to liquidity concerns.
TFL.AX stock: cash flow, margins and growth
Operating cash flow per share is -0.01 and free cash flow per share is -0.01, showing negative cash conversion. Gross profit margin stands at 43.56% while net margin is -21.65%, underlining profitability strain.
Revenue per share is 0.10 with recent revenue growth -3.67% year on year. Management must improve cash flow to reduce financing risk.
TFL.AX stock: technicals and trading signals
Technicals show a mixed short-term picture: RSI 53.75 and ADX 42.86 indicating a strong trend in play. Price averages sit near A$0.005 for 50 and 200 days, so today’s drop breaks short-term support.
Relative volume and OBV of 2,019,659 confirm large distribution. Traders should note low bid depth at sub-penny levels on ASX and potential execution slippage.
TFL.AX stock: Meyka AI grade and model forecast
Meyka AI rates TFL.AX with a score of 62.08 out of 100, Grade B, suggestion HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. These grades are informational only and not financial advice.
Meyka AI’s forecast model projects A$0.010 within 12 months versus the current A$0.005, implying an upside of 100.00%. Forecasts are model-based projections and not guarantees.
TFL.AX stock: risks, catalysts and next steps
Immediate risks include high leverage, weak current ratio, and negative EPS. Debt to equity 3.12 raises refinancing concerns if cash flow stays negative.
Potential catalysts are improved FY2026 trading, better poultry or dairy margins, and the earnings update on 26 Feb 2026. For filings and company updates see TasFoods website and the ASX company page TFL on ASX.
Final Thoughts
TFL.AX stock’s sharp pre-market fall to A$0.005 on 17 Jan 2026 was driven by heavy volume and weak fundamentals. The immediate technical picture shows a strong downward trend with thin liquidity below A$0.005. Key financials underline vulnerability: EPS -0.02, current ratio 0.71, and debt to equity 3.12. Holders should watch cash flow and the earnings release on 26 Feb 2026 for operational clarity. Meyka AI’s model projects A$0.010 in 12 months, an implied upside of 100.00% from today, with a downside case to the year low A$0.003. These figures highlight both risk and speculative upside for investors. Use tight risk controls and consider position sizing carefully. For live quotes and deeper metrics visit the TasFoods page on Meyka AI for real-time context and tools.
FAQs
Why did TFL.AX stock fall sharply pre-market?
TFL.AX stock fell due to heavy selling and thin bid depth. Volume hit 1,655,527, well above the average 272,615, suggesting outsized liquidation rather than broad sector weakness.
What are the main financial risks for TFL.AX stock?
Main risks include negative EPS -0.02, low current ratio 0.71, and high debt to equity 3.12. These increase refinancing and cash flow pressure for TasFoods (TFL.AX).
What is Meyka AI’s forecast for TFL.AX stock?
Meyka AI’s forecast model projects A$0.010 in 12 months for TFL.AX stock, implying 100.00% upside from A$0.005. Forecasts are model-based and not guarantees.
When should investors watch TasFoods updates?
Investors should watch the earnings announcement scheduled for 26 Feb 2026, plus any trading updates. Those events could change TFL.AX stock direction materially.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
