NVX 4.14% 75.5¢ novonix limited

Media Watch - NVX related, page-13604

  1. 1,948 Posts.
    lightbulb Created with Sketch. 429
    Although I have my doubts about the long-term sustainability of EVs (it is largely a politically pushed agenda), NVX certainly doesn't look like an investment, let alone a long-term investment. There's already heaps of big players, including some that are sustainable, profitable and dividend-paying businesses, such as Umicore. I'd rather put my money on them: https://timesofmalta.com/article/vw-umicore-join-forces-battery-materials-venture.983258

    Why would anyone invest in a pre-revenue cash burner with such limited resources and no proven track record of delivering anything at all?
    Last edited by kokoro: 24/02/24
 
watchlist Created with Sketch. Add NVX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.