What caused the intraday drop in GGE.AX stock today?

The intraday fall to A$0.0025 reflected heavier selling and thin liquidity. Negative EPS, small market cap (A$7,051,050), and sector sentiment for small-cap energy names amplified the move.

What is Meyka AI’s view on GGE.AX stock?

Meyka AI rates GGE.AX with a score out of 100 at 59.22, Grade C+, Suggestion: HOLD. The model flags weak profitability and liquidity but notes valuation features like low PB.

What price target or forecast exists for GGE.AX stock?

Meyka AI's forecast model projects A$0.0035 for GGE.AX, implying **40.00%** upside from A$0.0025. Forecasts are model projections and not guarantees; monitor company updates.

What are the key support and resistance levels for GGE.AX stock?

Short-term support sits near A$0.0020 and immediate resistance near A$0.0030. Watch volume spikes and moves relative to the 50-day average A$0.00203 for signals.

AU Stocks

-16.67% intraday: GGE.AX Grand Gulf Energy ASX 21 Feb 2026 A$0.002 support

ByHuzaifa Zahoor February 21, 2026

GGE.AX stock fell 16.67% intraday to A$0.0025 on 21 Feb 2026 after trading as low as A$0.0025 and hitting a high of A$0.0030 today. Volume ran at 2,815,978 shares, above the 50-day average of 2,143,854, signalling heavier selling. This intraday move places Grand Gulf Energy Limited (ASX: GGE.AX) among the top losers on the ASX energy list and raises focus on short-term support near A$0.0020 and liquidity risks.