Why did COS.AX stock fall so sharply pre-market?

COS.AX stock dropped after the 25 February earnings release and guidance that disappointed market expectations. Heavy volume amplified the move. Key drivers were revenue guidance, margin commentary, and investor reaction to short-term cashflow figures.

What are the near-term technical levels for COS.AX stock?

Near-term resistance is the 50-day average at **A$0.47**. Immediate support sits between **A$0.33** and **A$0.24**. RSI **25.63** indicates oversold conditions, but volatility remains high.

What does Meyka AI forecast for COS.AX stock?

Meyka AI's forecast model projects a monthly target of **A$0.30** and a quarterly target of **A$0.25**, implying **25.00%** and **4.17%** upside respectively versus the current **A$0.24**. These are model projections, not guarantees.

Is COS.AX stock a buy after the drop?

Meyka AI assigns COS.AX a **B+** grade with a BUY suggestion based on valuation and cashflow metrics. However, buyers should wait for confirmation in earnings or contract updates and monitor receivables and margin trends.

AU Stocks

A$0.24 COS.AX COSOL ASX falls 36.84% pre-market Feb 2026: watch A$0.33 support

ByHuzaifa Zahoor February 25, 2026

The COS.AX stock plunged to A$0.24 in pre-market trade after a February earnings update, sliding 36.84% on heavy volume. We see the move as an immediate market reaction to the 25 February results and guidance, with intraday volume at 1,512,977 shares versus an average of 52,254. COSOL Limited (COS.AX) now trades well below its 50-day average of A$0.47 and 200-day average of A$0.55 on the ASX. We break down the drivers, valuation, technicals and what Meyka AI’s models now project for the stock.