Retail-heavy holdings like Novonix always amplify emotional reactions to news. In both directions.
Companies often require different leadership skill sets during growth phases. The number of examples here is many - remember Elon only took over during the growth phase of Tesla (not the early R&D startup phase). Transitioning from a research-focused co-founder to an operationally driven CEO is a deliberate and necessary move to meet any upcoming challenges in production scaling IMO.
Let's see how long it takes the board to appoint a new CEO (my guess is not too long as this has been planned for a while). When a new CEO is appointed check out their track record in scaling manufacturing and operations.
Have a good one.
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- Ann: NOVONIX Announces Transition of Chief Executive Officer
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Ann: NOVONIX Announces Transition of Chief Executive Officer, page-26
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Last
37.5¢ |
Change
-0.020(5.06%) |
Mkt cap ! $238.5M |
Open | High | Low | Value | Volume |
39.0¢ | 39.5¢ | 37.0¢ | $835.0K | 2.196M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
46 | 672454 | 37.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.5¢ | 231020 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
46 | 672454 | 0.370 |
22 | 340428 | 0.365 |
30 | 334119 | 0.360 |
13 | 186075 | 0.355 |
38 | 281577 | 0.350 |
Price($) | Vol. | No. |
---|---|---|
0.375 | 231020 | 11 |
0.380 | 444084 | 12 |
0.385 | 195674 | 8 |
0.390 | 295238 | 15 |
0.395 | 97612 | 9 |
Last trade - 13.54pm 23/06/2025 (20 minute delay) ? |
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