Why did SPX.AX stock jump 50.00% after hours?

The jump to **A$0.003** on 12 Jan 2026 was driven by concentrated trades and low liquidity. There was no major company announcement; short covering and micro‑cap speculative flows likely pushed the price higher on the ASX.

What is Meyka AI’s view and grade for SPX.AX?

Meyka AI scores SPX.AX **34/100 (C, SELL)** on fundamentals, sector comparison and liquidity. The grade flags negative EPS, weak cash flow and small market cap; it is not investment advice.

What is the price outlook for SPX.AX stock?

Meyka AI's base forecast is **A$0.005** in 12 months (implying **66.67%** upside). Forecasts are model projections and not guarantees; downside to **A$0.002** is possible if execution or funding weakens.

How should traders manage risk with SPX.AX on the ASX?

Use small position sizes, limit orders and monitor average daily volume to limit market impact. Account for potential dilution from capital raises and set stop losses suitable for micro‑cap volatility.

AU Stocks

SPX.AX Spenda Limited ASX +50.00% after hours 12 Jan 2026: reassess liquidity and outlook

ByHuzaifa Zahoor January 12, 2026January 12, 2026

SPX.AX stock jumped 50.00% after hours to A$0.003 on 12 Jan 2026, driven by a surge on thin volume in the ASX after-market session. Spenda Limited (SPX.AX) posted a one-day rise from A$0.002 to A$0.003 on trade volume of 2,132,249 shares, highlighting short-term speculative flows. This move places the micro‑cap back above its 50‑day average A$0.00295 but well below the 12‑month high A$0.011. We review drivers, valuation, technicals, Meyka AI grade and a practical price outlook for Australian investors.