The numbers from the announcement match the contract numbers with KORE at the beginning of the year. The chattonga facility production is dedicated to match the targets of this contract. The contact stated 3000 in 2024 and 12000 by 2028. The notice also specified they are constructing new facilities. I think people confused the KORE contract targets to NVX planned target
motley fool is making a similar understanding of the announcement. Yes the market is down with inflation and whatnot, but the targets of novonix are still remaining the same. Personally I'm going to be buying more soon if people are panic selling off this assumption
Media Watch - NVX related, page-8363
Add NVX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
69.0¢ |
Change
0.005(0.73%) |
Mkt cap ! $337.4M | |||
| Open | High | Low | Value | Volume |
| 69.0¢ | 70.0¢ | 68.5¢ | $300.0K | 432.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 132316 | 68.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.0¢ | 7736 | 1 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| NVX (ASX) Chart |