MPX.AX A$0.14 ASX pre-market 17 Jan 2026: oversold bounce possible, watch A$0.16 target

MPX.AX stock opens pre-market at A$0.14 on the ASX on 17 Jan 2026, setting a clear oversold bounce scenario for traders. We see the price sitting at the year low of A$0.14 against a 50-day average of A$0.16. Low volume of 79.00 shares raises caution, but technical mean reversion could push the stock toward the 50-day average. We outline fundamentals, risk, and a short trading playbook for the oversold bounce setup.