Volume spike: MSI.AX Multistack (ASX) A$0.005 on 28 Jan 2026: liquidity test ahead

MSI.AX stock opened and closed at A$0.005 on 28 Jan 2026 while trades surged to 612,428 shares, vastly above the 50‑day average. The volume spike drove on‑market attention for Multistack International Limited (ASX) and flagged higher liquidity and short‑term volatility. At this price the company carries a market capitalisation of A$681,520 and a trailing PE of 0.50. Investors should weigh the trade activity against thin float dynamics and upcoming earnings on 19 Feb 2026.