NVX 0.70% 70.5¢ novonix limited

NVX to go to $28.50 a share!, page-21

  1. 1,838 Posts.
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    This is so exciting and I think all holders appreciate the potential earnings of nvx. Valuations are always based on future earnings not current. The earning potential in the future on paper is obviously the graphite production and royalties to follow for nvx’s patents and technologies. But the real unknown is exactly how far novonix can take it with new battery technologies and also just how connected nvx and Tesla are.
    A pe of 20 may be fair based purely on estimated earnings, but a company mixing it with 800 billion dollar market caps like Tesla might only be the start. The sky is the limit! Is apt worth $150 per share ? Is Tesla worth over $1000 a share. . Perhaps they are both fairly valued on potential earnings. The markets doesn’t always act rationally, but who are we mortals to say what is a fair price earnings. A fair price earning for novonix might be 100. The market will decide and at the moment it’s voting with its feet. I have sold about 1/4 of my shares to reduce my average, but every time I sell it has another leg up. Not selling any more, to exciting to be involved in. This could be a life changing stock.
 
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Last
70.5¢
Change
-0.005(0.70%)
Mkt cap ! $348.0M
Open High Low Value Volume
70.5¢ 72.5¢ 70.5¢ $775.9K 1.086M

Buyers (Bids)

No. Vol. Price($)
10 42608 70.5¢
 

Sellers (Offers)

Price($) Vol. No.
71.5¢ 100000 1
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Last trade - 16.10pm 31/10/2024 (20 minute delay) ?
NVX (ASX) Chart
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