DW8 Limited (DW8.AX ASX) at A$0.025 on 04 Feb 2026: heavy volume flags most-active trade

DW8.AX stock closed the ASX session at A$0.025 on 04 Feb 2026 after a spike in activity that made it one of the most active names on the Australian market. The move came on a volume of 54,465,024 shares versus an average volume of 865,687, raising liquidity and volatility for traders. DW8 Limited (DW8.AX) operates the Kaddy beverage logistics and marketplace platform and the price action follows a low base (year low A$0.001, year high A$1.35). We examine drivers, valuation, liquidity and a model forecast for the ASX-listed stock in this market-closed update.