NVX 3.25% 59.5¢ novonix limited

NVX Chart, page-2622

  1. 1,908 Posts.
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    I am not saying it is going bankrupt (not yet anyway). All I am saying is that NVX is very overvalued at the current market cap of $2.6B, let alone $4B+ that it was not too long ago. There are healthy, functioning, profitable companies that have steady cash flows, dividends and a lot of future growth potential that are valued at far less. I am saying that NVX hasn't proven anything and until it does the fair value is far below what it is right now. It may turn around at some point in the future, I won't deny it, but at this point, I don't see any good indications for that. Some people really are not taking my message well, but I urge people not to blame the messenger. Everyone is entitled to have their views and make their own personal assessments, even if it doesn't align with that of others.
 
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NVX (ASX) Chart
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