NVX 4.51% 69.5¢ novonix limited

I think good news is incoming, but personally I'm not confident...

  1. 1,005 Posts.
    lightbulb Created with Sketch. 637
    I think good news is incoming, but personally I'm not confident of a short squeeze or even a rally in the short term - anything could happen for a while longer yet.

    I'm not spending much time trying to predict the short term for Novonix but I'd expect the shorts to reduce over the next say ~4 months as there are far more lucrative and low risk short plays out there now. Action really starts when we see greenfield loan (supported by offtakes) which should be a little bit ahead of Panasonic product delivery cashflow.

 
watchlist Created with Sketch. Add NVX (ASX) to my watchlist
(20min delay)
Last
69.5¢
Change
0.030(4.51%)
Mkt cap ! $342.4M
Open High Low Value Volume
66.5¢ 69.5¢ 66.0¢ $401.6K 596.5K

Buyers (Bids)

No. Vol. Price($)
4 7785 69.0¢
 

Sellers (Offers)

Price($) Vol. No.
69.5¢ 100460 2
View Market Depth
Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
NVX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.