Superelephant, whilst no one can tell you what to do here is some logic to help with the emotional fear:
- Novonix hold patents on new methods of manufacturing cathodes/anodes/electrolytes at a density that is not yet on market
- Just brought on Jeff Dahn
- Have contracts with Samsung, LGChem, CATL, etc the largest battery manufacturers in the world who are asking NVX to supply
- Many companies (ahem GameStop) which have no patents have their share prices soaring and since they have no IP moat their share prices WILL come down because they're on the wrong end of technology moats
Whilst their share price might be dropping now, don't worry it will not necessarily end up at $1 again. It will merely noticing a mild pull back but once they start delivering on their contracts later this year even the price you bought at you'll be happy. That anxiety in your belly is messing with you, read statements and adhere to logic.
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72.0¢ |
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Mkt cap ! $354.7M |
Open | High | Low | Value | Volume |
73.0¢ | 74.0¢ | 72.0¢ | $626.9K | 858.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 19670 | 72.0¢ |
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Price($) | Vol. | No. |
---|---|---|
73.0¢ | 25000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 4494 | 0.715 |
1 | 10000 | 0.710 |
1 | 4982 | 0.705 |
4 | 105587 | 0.700 |
Price($) | Vol. | No. |
---|---|---|
0.730 | 25000 | 1 |
0.735 | 3830 | 1 |
0.740 | 22114 | 3 |
0.745 | 32347 | 3 |
0.750 | 127142 | 11 |
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