During turbulent macro times, governments couldn't care less about expensive experiments such as NVX. You can already see all across the world how investments into renewables are rapidly shrinking due to higher interest rates and limited credit. Even some of the wokest of nations are re-opening coal power plants and tearing down windmills to make space for more coal.
The US debt hit $33T last month with a record high monthly debt issuance of $1T. Somehow I doubt they can keep going on like that for very long and I highly doubt NVX is on the top of their priority list right now. That being said, even if NVX does get their coin, it won't be enough for anything meaningful.
NVS is just a stock of sentiment right now. The US markets were green today, so more than likely so will be NVX.
NVX new valuation of +324% at $3.52 per share, page-46
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Last
72.0¢ |
Change
-0.005(0.69%) |
Mkt cap ! $355.5M | |||
| Open | High | Low | Value | Volume |
| 73.0¢ | 75.0¢ | 71.5¢ | $923.4K | 1.260M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 210647 | 72.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.5¢ | 4166 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| NVX (ASX) Chart |