Let's face it, we still haven't even proven the business model.
Novonix is still in its infancy.
Dividends should not be used to spruik the company.
There are many successful companies which don't pay dividends, but prefer to reinvest to grow / scale.
I hold a bucket load of shares, if they even float the idea of dividends, it could replace my income pending amount they pay per share. This is all a pipe dream at this stage.
Lets see sales and scale to 100,000 TPA first.
1 Single 30GWh Gigafactory Plant = $A260m NVX Profit EVERY YEAR!, page-42
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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 |