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