Anyone that is saying this is overvalued purely on current revenue is correct.
But Novonix is undervalued compared to other battery materials and technologies companies in the US.
We are well over due for some updates on the Cathode Materials Division. While still a few years off commercial product, they are progressing quickly with a 10T demonstration line being built now.
By 2025, I expect Novonix BTS and Dalhousie University to be heavily involved in the next level of technology moving forward and Novonix will be able to generate billions in revenue by the end of the decade across US and EU jurisdictions..
Novonix currently has a lot of sodium ion experience with Dr Stevens and Dalhousie University. Silicon is also up their sleeve for when the time is right. People forget that most 'Silicon breakthroughs' are just doping graphite anode a few percent.
Elon wants a lot of things, but reality bites often. He can't even get enough graphite, let alone Silicon at scale currently. I could be wrong on all of this, but Novonix board of directors are best in the business, I am damm sure they understand supply and demand of our product better than anyone on this forum. They are empire builders and this is still at the bottom floor.
- Forums
- ASX - By Stock
- NVX
- Media Watch - NVX related
Media Watch - NVX related, page-4732
-
- There are more pages in this discussion • 9,988 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NVX (ASX) to my watchlist
(20min delay)
|
|||||
Last
54.5¢ |
Change
0.005(0.93%) |
Mkt cap ! $269.0M |
Open | High | Low | Value | Volume |
54.0¢ | 55.5¢ | 53.5¢ | $323.6K | 594.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 121024 | 54.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
54.5¢ | 7883 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 121024 | 0.540 |
12 | 98767 | 0.535 |
18 | 134654 | 0.530 |
13 | 94041 | 0.525 |
14 | 75261 | 0.520 |
Price($) | Vol. | No. |
---|---|---|
0.545 | 7883 | 2 |
0.550 | 71000 | 2 |
0.555 | 11177 | 2 |
0.560 | 6200 | 3 |
0.565 | 3000 | 1 |
Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
Featured News
NVX (ASX) Chart |