Why did RKB.AX stock fall 25% today?

The intraday drop to A$0.003 followed a surge in volume to 37,734,762 shares and sector weakness in Basic Materials. No formal earnings catalyst was posted; traders likely sold into the session’s supply and short-term averages acted as resistance.

What is the near-term support for RKB.AX stock?

Immediate support is **A$0.003**, today’s low and year low. A clean close below that level on heavy volume would increase downside risk toward our conservative A$0.002 scenario.

What price target does Meyka AI give for RKB.AX stock?

Meyka AI's forecast model projects **A$0.005** as a medium-term target, implying **66.67%** upside from A$0.003. Forecasts are model-based projections and not guarantees.

Is RKB.AX stock a buy after this fall?

Meyka AI gives a C+ (HOLD) grade due to weak profitability and exploration risk. Buyers should wait for a clear catalyst or a sustained price recovery above A$0.004 and manage position size carefully.

AU Stocks

RKB.AX down 25% to A$0.003 intraday on huge volume: watch A$0.003 support

ByHuzaifa Zahoor February 5, 2026February 5, 2026

RKB.AX stock fell 25.00% intraday to A$0.003 on 05 Feb 2026 as volume surged to 37,734,762 shares, roughly nine times average. The drop placed the share price at its year low of A$0.003 after opening at A$0.004. Traders flagged the volume spike and weak short-term averages as the immediate catalysts. We break down what the move means for holders and active traders on the ASX, connect it to Rokeby Resources’ fundamentals, and highlight levels to watch.