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54.0¢ novonix limited

Selling? When did this start

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Hookman22

135 Posts.

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26/05/24

22:12

Post #: 74016371
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Originally posted by FriedChickenPup: ↑

If they installed the capacity now or within the last 18 months they'd just spend more money moving the equipment and modifying the equipment to fit the engineering design of 20KTPA and the installed flow sheet may not match what a customer would want.

The currently installed capacity is enough to perform customer validation and sign binding agreements. The company shouldn't waste capital on needing to modify existing installation of equipment to match customer contracts just for the sake of pleasing shareholders it doesn't make sense.

The product Novonix is selling isn't a commodity, you can't just sell it to anyone and everyone, it isn't like China where you have thousands of battery manufacturers so anyone would buy it. There's only a handful of battery manufacturer's in North America and they have target specifications for the material. The material that Kore, LGES, Samsung, Panasonic, PowerCo, etc. wants all have different specifications.

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Selling? When did this start

NVX Price at posting: 81.0¢ Sentiment: Hold Disclosure: Held
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Last 54.0¢		Change -0.010(1.82%)		Mkt cap ! $266.5M

Open	High	Low	Value	Volume
55.0¢	55.0¢	53.5¢	$414.4K	762.7K

Buyers (Bids)

No.	Vol.	Price($)
17	178253	53.5¢

Sellers (Offers)

Price($)	Vol.	No.
54.0¢	6558	1

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No.	Vol.	Price($)
17	178253	0.535
21	209404	0.530
11	64951	0.525
13	48923	0.520
5	40113	0.515

Price($)	Vol.	No.
0.540	6558	1
0.545	5000	1
0.550	54293	4
0.555	10000	1
0.560	14747	5

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