If you read Novonix’s ASX announcement the lockdown wont impact demand for its Puregraphite anode material, even with their economy slowing in Q2 2020.
The US Senate passed this $US2.2Trillion ($A3.65Trillion) stimulus package a couple of hours ago.
This should also help US GDP growth as President Trump starts to ease their lockdown after Easter.
https://www.foxnews.com/politics/final-vote-coronavirus-stimulus-bill-now-imminent-amid-tensions-over-provisions
News: NVX Share Price Jumps after Covoid-19 Update, page-7
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Last
85.0¢ |
Change
0.030(3.66%) |
Mkt cap ! $415.6M | |||
| Open | High | Low | Value | Volume |
| 83.5¢ | 85.0¢ | 82.5¢ | $1.422M | 1.697M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18911 | 85.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.5¢ | 49570 | 2 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
85.0¢ |
Change
0.030 ( 3.95 %) |
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| Open | High | Low | Volume | ||
| 84.0¢ | 85.5¢ | 82.5¢ | 428590 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| NVX (ASX) Chart |