The share price is less than half what it was in October 2017, yet the company is less than 4 months away from their 1000tpa plant and commercial production of the Puregraphite. They will be selling it for between $US8000-$US20,000 per tonne.
That equates to sales of between $8million and $20million in 4 months.
As the company begins to make these major announcements, volume will return to the stock like we saw in October. $300-$650k worth of daily sales which saw the share price surge to $1.90
https://www.********.au/2017/10/04/why-the-novonix-fpo-share-price-is-soaring/
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Last
72.5¢ |
Change
-0.050(6.45%) |
Mkt cap ! $357.9M | |||
| Open | High | Low | Value | Volume |
| 78.0¢ | 78.0¢ | 72.0¢ | $2.096M | 2.835M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4330 | 72.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.5¢ | 13889 | 1 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| NVX (ASX) Chart |