If you were in a position to invest $100,000 in Novonix would you…
Buy now @ $2 approx
or risk waiting until the price is close to $1.50
Treated as a 5 year plus investment so I’d consider that a long term holder.
Would be expecting a min 150% return so I can understand it’s not that relevant to buy @ $1.50 or $2 if the price target is $5-6 within 5 years.
A bonus but I also see potential for an announcement that could trigger a buy frenzy as we’ve seen before.
Anyway your thoughts would be appreciated
General discussion, page-111
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Last
67.5¢ |
Change
-0.010(1.46%) |
Mkt cap ! $326.6M | |||
| Open | High | Low | Value | Volume |
| 68.0¢ | 68.0¢ | 66.0¢ | $401.8K | 597.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5041 | 67.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.5¢ | 15650 | 12 |
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| NVX (ASX) Chart |