I’m happy to see this investment agreement. It’s proving NOVONIX and LGES has achieved some goal. But I am not happy with the price. NVX was heavily shorted by some capital since it dropped from 12 AUD, 0.9 is really unbelievably undervalued price. If you invest NVX because you believe the future of their business, then stop sale any piece share to shorter. The managers of NOVONIX can take good positions with high price when they negotiate with other companies, this can enlarge Novonix value in the future.
Ann: NVX and LGES Enter into JDA and US$30M Investment Agreement, page-60
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Last
80.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $394.9M | |||
| Open | High | Low | Value | Volume |
| 79.5¢ | 80.5¢ | 78.0¢ | $706.0K | 891.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19894 | 80.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.5¢ | 23508 | 2 |
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| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| NVX (ASX) Chart |