Why did SPX.AX stock fall after hours on 11 Feb 2026?

SPX.AX stock fell **14.29%** after hours due to thin liquidity, weak intraday flows, and negative sentiment toward small-cap techs. Key fundamentals like **EPS -0.01** and negative cashflow increased selling pressure.

What is Meyka AI’s view on SPX.AX stock?

Meyka AI rates SPX.AX **65.17/100 (B, HOLD)**. The grade balances low valuation multiples with weak profitability and cashflow. The model projects **A$0.00253** in one year, implying downside risk.

What catalysts could move SPX.AX stock higher?

Positive catalysts include stronger revenue growth, improved operating cashflow, a clear funding plan, or favourable results on the **26 Feb 2026** earnings announcement. Any of these could reduce downside risk.

What are the main risks for SPX.AX stock holders?

Main risks are thin liquidity, recurring operating losses, negative interest coverage **-4.26**, and potential dilution if capital is raised. Low market cap magnifies price swings.

AU Stocks

SPX.AX Spenda ASX down 14.29% to A$0.003 on 11 Feb 2026: Liquidity alert

ByDanny Kontos February 11, 2026

The SPX.AX stock plunged 14.29% after hours to A$0.003 on 11 Feb 2026, making it one of the ASX’s top losers in the session. Trading followed weak intraday liquidity and low average volumes, with 1,326,531 shares changing hands. Investors should note the company’s EPS -0.01 and negative PE, which help explain the sell pressure. This article examines valuation, technicals, Meyka AI grading, and the model forecast for Spenda Limited (SPX.AX) on the ASX in Australia.