NVX 3.25% 59.5¢ novonix limited

1 Single 30GWh Gigafactory Plant = $A260m NVX Profit EVERY YEAR!, page-2

  1. 2,709 Posts.
    lightbulb Created with Sketch. 1838
    You have to be dreaming that NVX will pay a dividend.

    They are trying to scale a business in a once in a lifetime industry shift from ICE to EV.

    Any extra coin they have, will be put to use to meet the demand over the next 10 plus years.

    Management have not said once where they intend to pay out to investors.

    As much as I want to see it happen, its a start up company, its the last thing on their minds. They need to turn profit first. Then scale, maybe in 5 or so years, it could be an option.


 
watchlist Created with Sketch. Add NVX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.