1TT.AX down 33.33% to A$0.001 intraday on ASX: watch liquidity
The 1TT.AX stock tumbled -33.33% intraday to A$0.001 on the ASX on 20 Jan 2026, trading 2,673,728 shares as investors reacted to weak fundamentals and thin liquidity. Thrive Tribe Technologies Limited (1TT.AX) now sits near its year low of A$0.001, with a market cap of A$101,586.00. This intraday move continues a multi-month decline and highlights heightened volatility for small-cap SaaS names in Australia. We outline the trading snapshot, valuation metrics, technical signals, Meyka AI grade and forecast, and the key risks investors should monitor next
Intraday snapshot: 1TT.AX stock performance
Thrive Tribe Technologies Limited (1TT.AX) traded at A$0.001 on the ASX intraday, down 33.33% from yesterday’s A$0.0015 close. Volume reached 2,673,728 versus an average of 8,308,209, a relative volume of 0.32, indicating lower-than-normal liquidity despite the sharp percentage move. The stock’s 50-day average is A$0.00214 and the 200-day average is A$0.01804, underlining sustained downside pressure.
Drivers of the drop: fundamentals and market context
Shares have slid after FY financials showed weak profitability with EPS of -0.05 and a trailing PE of -0.02, signaling losses. Annual revenue trends show contraction with revenue growth of -14.02% at the FY 2024 reporting point. Sector peers in Technology show better average metrics, and the small market cap means any selling is amplified. Market sentiment for small-cap software names remains fragile amid tighter risk appetite.
Valuation and financial metrics for 1TT.AX stock
Key ratios show stress: price to sales 0.57, price to book 2.55, current ratio 0.48, and free cash flow per share -0.00078. Working capital is negative A$179,867.00 and interest coverage is deeply negative at -647.31, reflecting limited buffer. These figures point to scarce liquidity and negative margins, with book value per share at A$0.00039 and cash per share at A$0.00005.
Technical picture and trading risks
Technicals show weak momentum: RSI 36.61, ROC -33.33%, ADX 33.96 indicating a strong trend downward. On‑balance volume is deeply negative and volatility measures are muted by the low absolute price. The stock is at its year low A$0.001, and tight bid-ask spreads at micro-price levels can cause outsized moves. Low free float and average volume concentrate execution risk for larger orders.
Meyka AI grade and 1TT.AX stock forecast
Meyka AI rates 1TT.AX with a score out of 100: 66.99 (Grade B, SUGGESTION: HOLD). This grade factors S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Note external company rating dated 19 Jan 2026 is C- / Strong Sell on fundamental measures. Meyka AI’s forecast model projects A$0.0100 quarterly for 1TT.AX stock, implying an implied upside of +900.00% versus the current A$0.001. Forecasts are model-based projections and not guarantees.
What to watch next: catalysts and risks
Monitor cash runway, any capital raises, contract renewals for WooBoard SaaS customers, and upcoming earnings announcements (last reported earnings announcement 22 Nov 2024). A capital raise would dilute holders but could stabilise operations. Key risks include continued cash burn, negative margins, and very low liquidity on the ASX. Opportunities are limited without clear revenue recovery or a material strategic update.
Final Thoughts
1TT.AX stock is a top intraday loser on 20 Jan 2026 after a -33.33% decline to A$0.001, driven by weak fundamentals, negative cash flow metrics, and thin trading volumes. Short-term traders face execution and volatility risk; longer-term investors must weigh a fragile balance sheet and negative EPS -0.05 against any strategic turnaround. Meyka AI’s proprietary grade gives the stock a 66.99 score (Grade B, HOLD) while an independent company rating shows C- / Strong Sell, underscoring diverging views. Meyka AI’s forecast model projects A$0.0100 quarterly for 1TT.AX stock, implying +900.00% upside from A$0.001, but this is a high‑variance scenario. A nearer-term pragmatic price target is A$0.0020 as a recovery test aligned with the 50-day average; a fall below A$0.001 would increase downside risk materially. We mention these figures to frame risk and reward — forecasts are model-based projections and not guarantees. Use Meyka AI’s real-time tools and the company website for updates and monitor liquidity before trading
FAQs
Why did 1TT.AX stock fall so sharply today?
Intraday selling reflects weak fundamentals (EPS -0.05), negative cash flow, and low liquidity. The stock hit year low A$0.001 and average volume is high relative to traded volume, magnifying price moves.
What is Meyka AI’s outlook for 1TT.AX stock?
Meyka AI’s forecast model projects A$0.0100 quarterly for 1TT.AX stock, implying large upside versus A$0.001 but with high uncertainty. Forecasts are projections, not guarantees.
Should investors expect dilution or capital raising for Thrive Tribe?
Given negative cash flow and working capital shortfalls, a capital raise is possible to extend runway. Investors should watch company statements and ASX announcements for any equity or debt moves.
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.
