Hi Kokoro
yes it’s true about pre revenue companies. Many do go under when they can’t generate that projected revenue. I think NVX will be around in the future and generate good revenues. But the share price can’t maintain 450x sales. It might of worked for Google and Tesla etc but they are the exception not the rule. The SP will settle to more realistic levels.
NVX Chart, page-2580
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Last
73.0¢ |
Change
0.040(5.80%) |
Mkt cap ! $359.6M | |||
| Open | High | Low | Value | Volume |
| 69.0¢ | 73.5¢ | 68.0¢ | $857.2K | 1.192M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 57 | 72.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.0¢ | 11198 | 2 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| NVX (ASX) Chart |