I would like to draw a comparison to the NVX chart one year ago. No cross promoting, but the NVX chart may be very similar to BRN now.
We can look at the NVX story and if anything just learn from it not to sell a single share too early. Then to sell a bit at a point which is way higher than you were dreaming of so quickly. And buy back not too late!
Novonix was around 50 cents in January 2020.
By Christmas 2020 they had moved to $1, then their run started: by Jan 12, 2021 up to $1.69, small retrace to $1.55, then it went up like a rocket to $3.61 in just seven days (Jan 25, 2021).
From there NVX had a much slower and bumpier way down to $1.91 in May, then finally turned around again took another bumpy road all the way up to $12.15 (!) in December. Now they are at $9.85.
Do they sell anything? Almost nothing yet. But they are the first company outside China to produce battery anode material, still in a pilot plant, and Samsung is testing their material. And most importantly they signed up Professor Jeff Dahn to their board who also works for Tesla.
Does NVX haa a truly disruptive technology?
Not really, but they do have their own patented production process, and they have a huge market with the EV revolution.
I think a share price development similar to NVX is very realistic.
Chart, page-14872
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