NVX 6.04% 79.0¢ novonix limited

Ann: ASX Small and Mid-Cap Conference 2020, page-112

  1. 1,288 Posts.
    lightbulb Created with Sketch. 616
    Again thanks for your concern Isabella.

    You might want to also let the ASX S&P Technology Index know your thoughts...rolleyes.png

    Novonix will be 1 of only 50 companies to join this index in 10 days from now, after joining the US OTC Best Markets Index in mid September....

    https://www.asx.com.au/asxpdf/20200904/pdf/44m9wtfhlpg5tf.pdf


    S-P-NVX.png

    The S&P Technology Index has an average PE Multiple of 23x Earnings, while some stocks with strong growth potential, similar to Novonix, sit well above 35-40x Earnings.smile.png



    6-CD3-B4-FB-D541-49-D7-95-B9-3738-F87434-C8.jpg

    Once Novonix is listed in those two Indexes, it will be interesting to see how the aggressive the share price reacts to major milestone announcements......
 
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