Fortifai (FTI.AX) Trading and Corporate Update
Price Movement (24‑hour period ending 05:23 PM Central Europe, 20 Oct 2026)
- Closing price: AUD 0.41
- Change: –1.1 %
Market Metrics
| Metric | Value |
|---|---|
| Current supply | 350.3 million shares |
| Market capitalization | AUD 157.6 million |
| 24‑hour volume | AUD 116.9 k |
| 52‑week high | AUD 1.26 (30 Jun 2026) |
| 52‑week low | AUD 0.14 (29 Oct 2025) |
| 200‑day simple moving average | AUD 0.61 |
| Monthly performance | –43.4 % (since last month‑end) |
Corporate Highlights
- Product launch: FortifAI Limited announced the commercial launch of NOL8 AI Data Plane Version 2.0. The platform is production‑ready on AWS, Megaport, and Equinix networks. The release adds resilience, scalability, and full security for enterprise workloads and supports paid proof‑of‑value engagements.
- Future plans: The next phase involves joint go‑to‑market activities with Megaport and Equinix, focusing on expanding commercial contracts.
- AGM 2026: FortifAI scheduled its Annual General Meeting for November 2026. Shareholders will consider resolutions including:
- Approval of a 10 % placement facility
- Name change to NOL8 Ltd
- Replacement of the constitution
- Refresh of the employee securities incentive plan
- Adoption of the remuneration report
- Re‑election of a director
Related Stock Performance (24‑hour period)
| Stock | Ticker | 24‑hr Change | Current price | Market cap | Notes |
|---|---|---|---|---|---|
| Carnarvon Energy | CVN.AX | +5 % | AUD 0.10 | AUD 178.9 M | – |
| Cash Converters | CCV.AX | 0 % | AUD 0.26 | AUD 185 M | P/E = 9.52 |
| Polymetals | POL.AX | –3.45 % | AUD 0.55 | AUD 179.1 M | – |
| Elementos | ELT.AX | –3.57 % | AUD 0.40 | AUD 184.1 M | – |
| Capral | CAA.AX | +0.33 % | AUD 12.05 | AUD 188.5 M | P/E = 5.53; Perpetual Limited ownership change reducing voting power from ~9 % to ~8 % (further details in filing dated 19 Oct 2026) |
Additional Corporate Information Fortifai is a subsidiary of Mighty Kingdom Ltd‑AU, an independent game developer based in Adelaide, Australia. The company operates in the communication services sector, developing game experiences for console, PC, and mobile platforms. Further details are available on the company’s website, www.mightykingdom.com , and its shares trade on the ASX All Markets exchange.