Not sure why share price will tank now, I am sure if they needed cash they would have gone for a CR before now,
this company does not have a history of CR and you would think with there history of cash burn they would have to
consider it in the past to stay prudent. They just got $30M so they seem to have enough cash.
There ace in the hole is IRA.
Unfortunately China is throwing the kitchen sink at batteries, and is likely to get 70 to 80 % of the market.
Time will time.
All my trader friends use stops and were out long ago.
I unfortunately still hold an allocated portion of my portfolio.
No rush to buy this stock until we see some revenue.
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Last
72.0¢ |
Change
-0.005(0.69%) |
Mkt cap ! $355.5M | |||
| Open | High | Low | Value | Volume |
| 73.0¢ | 75.0¢ | 71.5¢ | $923.4K | 1.260M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 210647 | 72.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.5¢ | 4166 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| NVX (ASX) Chart |