Why did BUY.AX stock drop 33.33% pre-market?

The fall to A$0.002 reflects thin liquidity, higher-than-normal selling volume and weak fundamentals. No major corporate release was cited; the move likely stems from stop orders and sentiment around exploration risk.

What is Meyka AI's forecast for BUY.AX stock?

Meyka AI's forecast model projects a one-year price of about A$0.00024, implying roughly an -87.88% move versus the A$0.002 current price. Forecasts are model-based projections and not guarantees.

What price targets should traders use for BUY.AX stock?

Practical targets: downside A$0.001, base A$0.002, bull A$0.004. Targets reflect low liquidity and a binary exploration outlook; keep position sizes small.

When is BUY.AX next due to announce earnings or updates?

The next scheduled earnings/announcement is shown as 2026-03-12. Investors should watch that date for operational news that could change the stock’s risk-reward profile.

AU Stocks

BUY.AX down 33.33% to A$0.002 pre-market on ASX: watch liquidity and targets

ByDanny Kontos February 26, 2026February 26, 2026

The BUY.AX stock fell 33.33% to A$0.002 in pre-market trade on the ASX, signalling another weak day for Bounty Oil & Gas NL. Volume jumped to 1,075,414 shares vs an average of 923,698, showing higher selling pressure. The move follows ongoing low liquidity, negative margins and limited earnings data, and it should push shareholders to reassess short-term exposure and risk management.