Novonix is a confusing stock to invest in.
There is little in the way of published future profitability projections to substantiate any price. Now or future.
I just hope that its not one of those companies that says trust us "our product is so good that we will sell everything we produce at top dollar as its better than everyone else's".
I remember Great Southern Blue Gums and Tea Tree Oil plantations.
No contracts just promises and then fail.
Somehow we just need to retain faith even though many investors have not.
May 2023 be a better year
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