NVX 0.71% 70.5¢ novonix limited

Ann: Change in substantial holding, page-14

  1. 1,411 Posts.
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    Somewhat disappointing but it was expected after TSB stepped down from the board.

    I wont be surprised if P66 makes a move on NVX [Not sure what sort of provisions (if any) are in place within agreement with P66 to prevent that - I am not a lawyer]

    Not easy to deal with big powerful O&G companies like P66 - I think TSB have had enough of it and bolted out.

    [I could be wrong on all accounts - for disclosure I am still be big supporter and believer in NVX and my recent top ups today are with long term gains in mind].

    The SP has swallowed this massive sell down (in addition to macro crisis) - I hope we can start our slow recovery from here on. Not looking for 30% - 100% bounce - A steady ship will be enough to see us through turmoil.

    Good luck to old faithfuls and new junkies.


 
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