Why did AOK.AX stock drop 20% pre-market

AOK.AX stock fell 20.00% likely due to thin liquidity, profit-taking, and no immediate positive company news. Market moves in small-cap Energy names amplified the sell-off. Confirm updates from the company or major news providers for a specific catalyst

What is Meyka AI's forecast for AOK.AX stock

Meyka AI's forecast model projects **A$0.010** monthly and quarterly targets for AOK.AX stock. Versus the current A$0.002 price, that implies about **400.00%** upside. Forecasts are model outputs and not guarantees

Is AOK.AX stock a buy after the drop

Given negative free cash flow, limited liquidity, and no recent earnings, the recommendation is cautious. Meyka AI grades AOK.AX **B (HOLD)**. Investors should wait for clear operational improvements or financing news before initiating new positions

Where can I track official AOK.AX news and filings

Track Australian Oil Company Limited releases on the company website and trusted market sites. For comparisons and news see Investing.com and watch official ASX filings for authoritative updates

AU Stocks

AOK.AX stock down 20% pre-market at A$0.002 on 24 Feb 2026: watch for further weakness

ByDanny Kontos February 23, 2026February 23, 2026

AOK.AX stock is trading down 20.00% pre-market at A$0.002 on 24 Feb 2026 after a heavy session yesterday. Australian Oil Company Limited (AOK.AX) shows market cap A$2,504,457.00 and volume 500000.00 against a 50-day average of 3512658.00 shares. The move positions AOK.AX among ASX top losers in the Energy sector. We outline drivers, valuation signals, and short-term scenarios for traders and investors in Australia and abroad