NVX 1.42% 71.5¢ novonix limited

The Gen 3 mass production samples possibly haven’t even been...

  1. 222 Posts.
    lightbulb Created with Sketch. 193
    The Gen 3 mass production samples possibly haven’t even been sent yet.
    (the photos in the presentations look very similar to the 2020/2021 photos just from a different angle - looks like the internals of the lookout valley building). Not that it’s relevant.

    Chris said in the AGM in early April “over the coming months we hope to be sampling large volumes to customers from those pieces of equipment”. (Gen 3 @ Riverside).
    Still has to run through a customer validation process so I’m not sure about days from now I’m thinking more towards 2-3 months.

    After 3 years I’ve learnt not to be too hopeful with timelines given by Chris or NVX.
    Does that affect my overall belief in what Novonix can achieve.
    Hell no, they are going to be massive.
    I’m 100% bullish on Novonix, I could pump the stock better than most here but I’m a realist so just because I want the outcome sooner doesn’t mean that will be the case.
    All my research suggests Validation of product 2-3 months & DOE Loan 6-9 months.
    I hope I’m wrong, a few more days sounds much better but that just leads to disappointment.

 
watchlist Created with Sketch. Add NVX (ASX) to my watchlist
(20min delay)
Last
71.5¢
Change
0.010(1.42%)
Mkt cap ! $352.0M
Open High Low Value Volume
70.5¢ 72.5¢ 70.0¢ $86.30K 121.2K

Buyers (Bids)

No. Vol. Price($)
4 10338 71.5¢
 

Sellers (Offers)

Price($) Vol. No.
72.0¢ 10676 5
View Market Depth
Last trade - 10.49am 03/07/2024 (20 minute delay) ?
NVX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.