NVX 0.71% 70.5¢ novonix limited

Ann: Trading Halt, page-63

  1. 153 Posts.
    lightbulb Created with Sketch. 50
    long term lurker of this thread, EV growth is insane, this cap raise would address keeping up with that growth. I believe it would be worse for the company not to a cap raise to meet demand. eventually, we want to come out of R&D into manufacturing but that only happens with a lot of money, that goes for every industry.

    I would be surprised if this cap riase is just a whiff and need more money. This is to build a manufacturing company.
 
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