What caused SPX.AX stock to drop today?

The intraday fall to **AUD 0.002** was driven by low liquidity, concentrated selling and weak sentiment in small-cap tech. Macro risk and sector rotation amplified the move. Company-specific catalysts include cash flow weakness and negative trailing EPS of **-0.01 AUD**.

What is Meyka AI's view and grade on SPX.AX stock?

Meyka AI rates SPX.AX with a score out of 100: **67.88 (Grade B, Suggestion: HOLD)**. The grade reflects benchmark and sector comparisons, financial growth, key metrics and analyst inputs. This is informational, not investment advice.

What price targets should investors consider for SPX.AX stock?

Scenario targets: base **AUD 0.002**, upside **AUD 0.006** if revenue and margins improve, downside **AUD 0.001** if liquidity and earnings worsen. Targets assume no immediate capital raises and are not guarantees.

How liquid is SPX.AX stock for traders?

Liquidity is limited: today’s volume **866666.00** vs average **4532864.00**, relative volume **0.19**. Thin trading increases execution risk and intraday gaps, so larger orders can move the price sharply.

AU Stocks

SPX.AX Spenda Limited (ASX) falls 33% intraday 04 Mar 2026: outlook and risks

ByDanny Kontos March 4, 2026March 4, 2026

SPX.AX stock fell 33.33% intraday to AUD 0.002 on 04 Mar 2026, making Spenda Limited one of today’s top losers on the ASX. Trading volume reached 866666.00 shares versus an average volume of 4532864.00, signalling concentrated selling. The move follows weak microcap liquidity, negative trailing earnings and a wider tech selloff in Australia. We break down the drivers, show valuation and technical metrics, and outline price scenarios for investors watching this volatile technology small cap.