What caused the INL.AX stock volume spike on 09 Feb 2026?

The spike likely reflects a liquidity event such as a block trade, speculative orders or selling pressure; volume was **82,243** versus an average **1,306**, indicating unusual activity rather than steady buying interest.

What is Meyka AI's view on INL.AX stock today?

Meyka AI rates INL.AX **61.45 / Grade B — HOLD** and models a 12‑month base target of **A$0.02** versus the current **AUD 0.009**. This rating balances weak cash flow and leverage with tangible asset support.

What are the main risks for INL.AX investors?

Primary risks include very low liquidity, negative operating cash flow, a high debt-to-equity ratio **1.24**, and concentrated exposure to a single hotel asset in New Zealand which can amplify operational or valuation shocks.

Are there short-term trading levels for INL.AX stock?

A tactical short-term target is **A$0.015** with a protective stop near **A$0.007**. These levels reflect wide intraday swings and a thin order book; adjust for personal risk tolerance.

AU Stocks

INL.AX Innlanz Limited ASX down 10% on volume spike 09 Feb 2026: check liquidity

ByHuzaifa Zahoor February 9, 2026

INL.AX stock moved sharply on 09 Feb 2026 after a pronounced volume spike that sent the share price down to A$0.01 at close. Trading volume reached 82,243 shares versus an average of 1,306, a relative volume of roughly 62.97x, signalling unusual activity on the ASX in Australia. The intraday range was A$0.009–A$0.01, and market capitalisation sits at about A$2.82m. This note examines the drivers behind the volume surge, the company’s key metrics, and what the spike means for short-term liquidity and longer-term upside for Innlanz Limited (INL.AX)