ADR.AX Adherium Limited ASX down 40.00% intraday 20 Feb 2026: near-term outlook

ADR.AX stock plunged 40.00% intraday to A$0.003 on the ASX on 20 Feb 2026, driven by heavy selling and a spike in volume to 9,047,245 shares. The move left the micro-cap at its year low A$0.003 and pushed the share price well below its 50-day average of A$0.00505 and 200-day average of A$0.00622. Traders are watching a scheduled earnings announcement on 26 Feb 2026 and liquidity metrics after market cap tightened to A$5,780,550. Below we break down fundamentals, technicals, risks and a short-term price outlook for ADR.AX stock.