NVX 1.82% 81.0¢ novonix limited

$1 party, page-2

  1. 225 Posts.
    lightbulb Created with Sketch. 110
    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
 
watchlist Created with Sketch. Add NVX (ASX) to my watchlist
(20min delay)
Last
81.0¢
Change
-0.015(1.82%)
Mkt cap ! $396.0M
Open High Low Value Volume
81.5¢ 82.0¢ 80.5¢ $890.2K 1.095M

Buyers (Bids)

No. Vol. Price($)
11 90451 81.0¢
 

Sellers (Offers)

Price($) Vol. No.
81.5¢ 552 1
View Market Depth
Last trade - 16.10pm 24/05/2024 (20 minute delay) ?
Last
81.0¢
  Change
-0.015 ( 1.82 %)
Open High Low Volume
81.5¢ 82.0¢ 80.5¢ 211149
Last updated 15.59pm 24/05/2024 ?
NVX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.