Why did HE8.AX stock fall today?

HE8.AX stock sold off on 06 Feb 2026 because of a sudden volume spike and low liquidity. Trading **40,000** shares against a large float amplified the move. There was no major public catalyst reported intraday; monitor company filings and Presidio project updates for drivers.

What are the near-term price targets for HE8.AX?

Meyka AI's short-term model projects **A$0.01** monthly and **A$0.02** quarterly. These imply **+11.11%** and **+122.22%** from the current **A$0.009**, but forecasts are projections and not guarantees.

What are the main risks for Helios Energy (HE8.AX)?

Principal risks include low liquidity, negative operating cash flow, potential dilution, and operational setbacks at the Presidio project. Weak margins and thin coverage increase volatility and downside risk for retail traders.

When should investors expect the next company update?

Helios has an earnings/operational announcement pencilled in for **12 Mar 2026**. That release is a probable catalyst for trading and should be reviewed closely before adjusting positions.

AU Stocks

Down 10% intraday HE8.AX Helios Energy ASX 06 Feb 2026: monitor Presidio

ByHuzaifa Zahoor February 6, 2026

HE8.AX stock fell 10.00% intraday to A$0.009 on 06 Feb 2026 after a sharp volume spike, trading 40,000 shares in this update. The move occurred on the ASX while the 50-day average sits at A$0.01021 and the 200-day average is A$0.0139975, underlining short-term selling pressure. Low liquidity and a crowded float of 3,303,574,926 shares magnify price moves. Traders should link the volume surge to liquidity risk and Presidio project developments as primary catalysts for near-term moves.