This space is really heating up, competition in EV tech, as Rawlinson mentions, is going to separate the men from the boys.
NVX has a great opportunity of being instrumental in reducing the overall cost, and advancing battery tech here. This year will be huge for the company once they keep on the program they've outlined.
Delays will be disastrous though imo, and the recent change in substantial holding could indicate impatience due to manufacturing being put on hold until the next gen furnaces are in place, or could just be a normal sell off by the previous CEO now that has moved .
Plenty of buyers still showing up though, and robust support in the last few hours on Friday, which looks strong on the daily chart going into next week.
Happy to continue holding until the next update.
Media Watch - NVX related, page-2344
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Last
70.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $344.7M | |||
| Open | High | Low | Value | Volume |
| 70.5¢ | 72.0¢ | 70.0¢ | $471.7K | 665.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 167659 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 71.0¢ | 30350 | 3 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| NVX (ASX) Chart |