NVX 7.19% 71.0¢ novonix limited

Annoying news, but nothing new. All Morgans have said is what we...

  1. 988 Posts.
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    Annoying news, but nothing new. All Morgans have said is what we all already know, if they don't sign an offtake they are f***ed. Someone sold 400k shares on the news and, combined, that caused the latest dip. Morgans are totally right though!

    Morgans seem to doubt Novonix is going to sign a Tier 1, so we will just have to wait and see if Novonix do what they said they will (sign more than one Tier 1) or don't announce anything and just keep ramping their workforce, constructing and commissioning until they run out of money one day. The latter would seem an odd course of action but hey, time will tell.
 
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