A reminder of what happened to the PLL share price immediately following the Tesla Investor Day in September 2020, where no mention of anything to do with Piedmont was made during the event, but then immediately afterwards PLL announced their offtake with Tesla. Not a whiff of this was known by the market prior, and the share price then appreciated tenfold over the following 5 months thereafter.
Tesla Investor day begins at 8am Sydney time tomorrow morning I believe.
I am not anticipating any mention of Novonix, but maybe the use of domestically sourced IRA compliant synthetic anode material may get a mention in their strategy outlook.
Or it may be uneventful, in which case I will be eagerly watching the price action leading up to the VW day on the 14th which imo is more likely to have some impact for NVX.
I suspect if there is no news from NVX tomorrow, then there will be a drop back to the $1 range over the next fortnight - the thin edge of the very big wedge...
Not advice and DYOR
Media Watch - NVX related, page-8724
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