NVX 5.67% 66.5¢ novonix limited

Ann: Cleansing Notice Issue of Unsecured Convertible Notes, page-17

  1. 1,887 Posts.
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    Datbuu ..good luck to the short sellers ..if they had started short selling at £12 plus then they have done very well..at 40 plus times book it was a screaming sell...but now getting near book value it is getting back to good value....the trouble with having a great time on the way up and forgetting about fundamentals is that buyers inevitably loose money...and then panic selling where they loose or may loose more money....on the short side it's equally common to buy back too late when the buyers are back and by the time the short sellers have covered there short position they actually drive up the price...and sometimes loose money ...it's never an easy ride!!!!
    All the best to All.
 
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