NVX 1.37% 72.0¢ novonix limited

1) We are going from 10K to 40K production - This is a fantastic...

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    1) We are going from 10K to 40K production - This is a fantastic growth story (a 4 fold growth in 4 years)
    2) No company will raise money to expand 4 folds if it does not have strong customer commitments (Watch out for announcements to follow - in my opinion)
    3) Deals gives control over supply of Raw materials and reasonable pricing.
    4) A massive shareholder on the register to fund future growth (I cannot stress enough how important this is to land billion dollar supply contracts - Customers like Samsung don't sleep with everyone - They need to be sure NVX can cater to there long term growth)
    5) US listing imminent - Deal language is symbolic - USD pricing etc.

    There is so much to like about this announcement. Beware of people who are crying "dilusion" - its a common tactic used to gain an entry point into a fantastic growth stock that is otherwise hard to catch.
 
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Last trade - 16.10pm 29/07/2024 (20 minute delay) ?
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