Down 33% intraday: Thrive Tribe Technologies 1TT.AX ASX 23 Jan 2026, liquidity

The 1TT.AX stock plunged 33.33% intraday on 23 Jan 2026, trading at A$0.001 as volume hit 2,006,683 shares. This sharp move follows a long downtrend from a 52‑week high of A$0.06 and a weak earnings profile with EPS -0.05. Traders cite thin liquidity and low average price levels on the ASX as drivers. We break down what pushed the stock lower, how fundamentals and technicals stack up, and what short-term price scenarios look like for Thrive Tribe Technologies Limited (ASX, Australia).

Intraday market snapshot for 1TT.AX stock

The intraday move is severe and measurable. Thrive Tribe Technologies (1TT.AX) sits at A$0.001, down A$0.0005 (-33.33%) from the prior close of A$0.0015. Volume today is 2,006,683 versus an average volume of 8,177,516, showing elevated trade interest but still low relative liquidity. Market cap is roughly A$101,586.00 and shares outstanding number 101,586,000. One clear takeaway is acute price sensitivity: small flows create large percentage moves.

Drivers of the sell-off and recent 1TT.AX news

Trading drivers are a mix of weak fundamentals and thin market depth. The company reports EPS -0.05 and a negative PE of -0.02, underlining consistent losses. Recent financials show revenue pressure and negative operating cash flow per share of -0.00078. Public updates from the company have been limited, which magnifies volatility when sellers appear.

Sector context adds pressure. The Technology sector on the ASX has higher average valuation metrics, so Thrive Tribe Technologies Limited looks stretched versus peers on metrics such as ROE and current ratio. Investors respond to a combination of poor earnings growth and limited market news by selling into any liquidity.

Valuation metrics and financial health for Thrive Tribe Technologies

Key ratios show a fragile balance sheet and stretched valuation signals. Price to sales is 0.57, price to book is 2.55, and current ratio is 0.48, indicating short-term liquidity strain. Free cash flow per share is -0.00078, and book value per share is 0.00039. Debt to equity sits at 0.15, which is modest, but the company posts negative margins and declining revenue growth year over year.

These numbers explain why institutional interest is low. The company’s operating cash flow and negative margins create real business risk even before market microstructure pressures.

Technical outlook and Meyka AI grade for 1TT.AX stock

Technicals show a weak short-term picture. The RSI reads 36.61 and ROC is -33.33%, signalling downside momentum. Price averages sit at 50‑day A$0.00207 and 200‑day A$0.01728, both well above today’s price.

Meyka AI rates 1TT.AX with a score of 66.93 out of 100 (Grade B, HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The grade and technicals are model outputs and not investment advice.

Trading risks, liquidity and shareholder considerations

The largest near-term risk is liquidity. Low absolute price and low market cap mean single large orders can move price materially. Average volume of 8,177,516 suggests intermittent trading interest but uneven depth. Share dilution risk exists given past share increases and a small market cap.

Corporate execution risks persist. Revenue growth has trended lower, and cash per share is tiny at 0.00005. For active traders, tight stop rules and position sizing are essential given the volatility profile.

Price scenarios and 1TT.AX forecast outlook

Scenario planning helps frame realistic targets. Meyka AI’s forecast model projects a short-term quarterly reference at A$0.01. Compared with the current A$0.001, this implies an implied upside of +900.00%, but the forecast is model-based and not a guarantee. Practical price scenarios:

• Bear case: A$0.00050 (down -50.00%) if liquidity dries and selling continues
• Base case: A$0.00150 (up +50.00%) if flows normalize and no new bad news appears
• Bull case: A$0.01000 (up +900.00%) if product wins and institutional interest returns

Use these as framework points, not firm predictions.

Final Thoughts

Thrive Tribe Technologies 1TT.AX faces a difficult market test after the 33.33% intraday drop to A$0.001 on 23 Jan 2026. Fundamentals show negative earnings (EPS -0.05), weak operating cash flow, and a current ratio of 0.48, which explain investor caution. Technicals and sector comparisons reinforce a cautious view: the 50‑day average is A$0.00207 and the 200‑day average is A$0.01728, both far above the current price. Meyka AI’s forecast model projects A$0.01 as a quarterly reference, implying a theoretical +900.00% upside from today, but that is a model projection and not a guarantee. For most investors, the key questions are liquidity, potential dilution, and whether management can restore growth and cash flow. Traders should size positions tightly and monitor news flow closely. For a fuller view, see the company site and LinkedIn updates for direct announcements and filings Thrive Tribe website and Thrive Tribe LinkedIn. Meyka AI provides this analysis as an AI-powered market analysis platform and not financial advice.

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Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.