I think a sensible question to ask oneself is:
1. At this stage, is there more positive or negative news to come out of macromarkets?
2. Will the share price be more affected by good news or bad news?
3. When will revenue start to come in?
Answers:
1. Still some potential bad, US kept rates unchanged yesterday - good sign. World is on the brink of turning more isolationist again as countries run out of funding for their own citizens, let alone offering aid to Palestine/Israel/Ukraine
2. You'll need to answer this yourself
3. End of 2024 at this stage.
From that it gives a reasonable answer as to where the shareprice will go: Most likely we're going to see a sine wave over the next 12months with a small amplitude between 60c and 80c.
That is unless something unexpected gets announced, but we know even if Samsung were to sign a deal today, NVX wouldn't be ready to ship product for at least 6 months.
I think a sensible question to ask oneself is:1. At this stage,...
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Last
81.0¢ |
Change
-0.015(1.82%) |
Mkt cap ! $396.0M | |||
| Open | High | Low | Value | Volume |
| 81.5¢ | 82.0¢ | 80.5¢ | $890.2K | 1.095M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 90451 | 81.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.5¢ | 552 | 1 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
81.0¢ |
Change
-0.015 ( 1.82 %) |
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| Open | High | Low | Volume | ||
| 81.5¢ | 82.0¢ | 80.5¢ | 211149 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| NVX (ASX) Chart |