NVX 0.69% 72.0¢ novonix limited

The idea of saying 'give them time' is sticking your head in the...

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  1. 103 Posts.
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    The idea of saying 'give them time' is sticking your head in the sand. No one wants them replaced, but a reminder that they can't just cash in early is important.

    If you own shares in this company - you OWN part of the company! I know I'm stating the obvious and you know that but to say 'give it time' is negligent to the investment as a whole. If you have time, Alice Shroeder's 'The Snowball: Warren Buffett and the Business of Life' is the most indepth biography of WB. He made most of his money by buying good business ideas and then being an activist investor and reigning down hard if the board were not making sensible moves.

    Increasing one's salary when they haven't met their KPIs - and the only KPI that counts is revenue - is just going to make us run out of money faster. Every dollar counts. That is the most important thing here. You buy subway for lunch once a week? Cut that out and you've just saved $520 a year. This is not about being patient, it's about stopping your money going out of business or getting bought out for less than the sum of it's parts. We're a walking takeover target. If we get bought out by Samsung/LG/whoever - then it doesn't matter how much the we're producing in 2030, our future cash cow disappears! This is their job. Not to get the share price to a ridiculously overvalued $12 when their output is 0tpa, but to at least have us be out of reach for the cash reserves of the sharks.
    Last edited by Graphene8911: 06/03/23
 
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