Why did CAN.AX stock drop 25% pre-market?

The 25.0% drop reflects weak trading liquidity, negative technicals and poor earnings metrics. Low current ratio **0.1183**, EPS **-0.04**, and elevated volatility at sub‑cent pricing amplified selling into limited bids.

What are the main valuation risks for CAN.AX stock?

Valuation risks include negative EPS (PE **-0.15**), negative book value per share **-0.00481**, small market cap **A$4,221,450**, and enterprise value that appears large versus reported sales, increasing downside on adverse news.

How should traders manage position size in CAN.AX stock?

Manage size tightly due to thin liquidity and high percent swings. Use limit orders, set clear stop levels, and avoid large orders that can move price. Consider liquidity risk and potential dilution.

What price outlook does Meyka AI give for CAN.AX stock?

Meyka AI's 12-month median projection is **A$0.010**, implying **+66.67%** versus **A$0.006** today. This is a model projection and not a guarantee; downside scenarios remain possible.

AU Stocks

CAN.AX down 25% to A$0.006 pre-market ASX 26 Feb 2026: watch liquidity

ByHuzaifa Zahoor February 25, 2026

CAN.AX stock fell 25.0% pre-market to A$0.006 on 26 Feb 2026, making Cann Group Limited (CAN.AX) one of the top losers on the ASX. We see steep intraday selling, thin liquidity and a negative valuation backdrop. Volume is elevated at 2,866,787 shares versus an average of 8,035,892, and market cap sits at A$4,221,450. In this note we explain the drivers behind the move, assess the financials and give a short forecast for traders and investors.