NFL.AX down 16.67% to A$0.10 pre-market 18 Feb 2026: assess valuation gap

NFL.AX stock plunged 16.67% to A$0.10 in pre-market trade on 18 Feb 2026, led by heavy selling and thin liquidity on the ASX in Australia. The move follows a gap from the previous close of A$0.12 and turnover of 149,706 shares. We see the sell-off as a reaction to weak micro-cap metrics and a compressed bid. Investors should weigh cash resources and project execution before trading this small-cap position.