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83.0¢ novonix limited

Entry/Re-entry, page-23

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Burty85

2,672 Posts.

1834

25/01/21

17:34

Post #: 50434879
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Originally posted by SofiaC: ↑

I don’t usually sell 100% of my stock if I like the company, no matter how tempting it is to realise the gains. Best to keep some powder dry. If the company appears to be a cracker, then I stretch and buy more than I need. I plan to sell 1/3 when NVX reaches $5.00 (possibly very soon) so that my remaining shares are free float. Then I don’t have to worry about price fluctuations and further trading, my holding is derisked.

If NVX continue on this trajectory, then I might just sell 1/6 of my holding to cover cost.

I think NVX are going to continue to rise on expectation of the Tennessee plant upgrade commissioning in Feb 2021 and increased production volumes from 3rd qtr 2021. The Sanyo MOU may become formalised and there are rumours of EU expansion. Further, the supply side is thin on the ASX. All this is bullish for NVX for a little while to come. I think only macro conditions affecting the entire market may cause a pullback.

All my opinion of course.

DYOR.

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No rumour on European expansion, Dr Chris Burns is already planning this in the next few years.

NVX Price at posting: $3.61 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 83.0¢		Change -0.005(0.60%)		Mkt cap ! $405.8M

Open	High	Low	Value	Volume
85.0¢	86.0¢	82.5¢	$1.309M	1.572M

Buyers (Bids)

No.	Vol.	Price($)
1	29	87.5¢

Sellers (Offers)

Price($)	Vol.	No.
79.0¢	3355	1

View Market Depth

No.	Vol.	Price($)
20	139771	0.825
33	309564	0.820
17	141500	0.815
16	126901	0.810
13	371637	0.805

Price($)	Vol.	No.
0.830	58649	4
0.835	73841	11
0.840	149450	9
0.845	11008	6
0.850	9170	2

Last trade - 15.59pm 03/05/2024 (20 minute delay)


Last 82.5¢			Change -0.005 ( 1.57 %)
Open	High		Low	Volume
85.5¢	86.0¢		82.5¢	520700
Last updated 15.59pm 03/05/2024 ?

NVX (ASX) Chart