NVX
Click for more information
0.00% 73.0¢ novonix limited

$1 party, page-2

  1. PerfectAnalysis
    225 Posts.
    lightbulb Created with Sketch. 110
    clock Created with Sketch.
    23/09/20
    14:21
    Post #: 47567657
    Opened at ~$760m market cap this morning.

    Here's what the company has based on last annual report:
    -$20m per year profit
    $4.2m revenues
    $66m equity ($38m from that is cash)


    Does anyone really want to pay $2+ (which is >$700m Market Cap) for a company that trades at 10x equity with negative profit?

    $1 is being extremely generous at this point.
    Last edited by PerfectAnalysis: 23/09/20
    NVX Price at posting: $1.72 Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 18  Upvote
    lightbulb Created with Sketch. 3  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply
 

Featured News

HZR Hazer Group and POSCO team up to look at low carbon steel
right-arrow Created with Sketch.
NEWS The Big Deal: Welcoming Warren Tredrea's words on the business of sport
right-arrow Created with Sketch.
PAA PharmAust reappoints MD and resets its sights on MND battle
right-arrow Created with Sketch.
TLG Talga shows expansion options for Sweden's Vittangi graphite project
right-arrow Created with Sketch.
TLX Telix testing shows efficacy of anti-prostate cancer therapy
right-arrow Created with Sketch.
AVH FDA greenlights Avita's RECELL GO skin transplant cell harvesting device
right-arrow Created with Sketch.

Top Stories

watchlist Created with Sketch. Add NVX (ASX) to my watchlist
(20min delay)
Last
73.0¢ 		Change
0.000(0.00%) 		Mkt cap ! $356.9M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 679 75.5¢
 

Sellers (Offers)

Price($) Vol. No.
71.5¢ 1112 2
View Market Depth
Last trade - 09.44am 04/06/2024 (20 minute delay) ?
NVX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.