NVX 0.82% 61.5¢ novonix limited

AGM agenda filled with motions to dilute shareholder equity. Not...

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    AGM agenda filled with motions to dilute shareholder equity. Not for investment in the business, but to wet the beaks of the executives. Instead, this equity could be used to borrow funds for the business. We know that every dollar borrowed could be worth $2.00 with the matching of the US Department of Energy grant.

    I’m still HODL, but this further dilution is just disrespectful treatment of retail shareholders. Especially in a year where the stock price has decreased by ~80%.

    Also, hate to see Chris left out of the share party. Wonder if he’s missing his KPIs, or maybe just shut out of the insider club.

 
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