Once all the business units come on stream over the next 2-3 yrs we’ll see significant share price growth from current levels.
This equity raising allows Novonix to become cashflow positive over the next 24 months once the 10,000tpa plant is operational.
Which will then allow future expansion to be funded with cashflow and debt.
NOVONIX PRICE ACTION 2021, page-145
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Last
84.5¢ |
Change
-0.020(2.31%) |
Mkt cap ! $413.1M | |||
| Open | High | Low | Value | Volume |
| 86.0¢ | 87.5¢ | 84.5¢ | $832.1K | 974.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 233538 | 84.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 84.5¢ | 9815 | 1 |
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| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
84.5¢ |
Change
-0.020 ( 1.45 %) |
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| Open | High | Low | Volume | ||
| 85.5¢ | 87.3¢ | 84.3¢ | 378977 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| NVX (ASX) Chart |