With the huge runs that NVX has had ( $1.05 or so to $3.80 or so) there must be many holders who have made heaps on this in the short term.
My theory only, is that possibly many short term investors have just dumped their stock, taken profit and left.
Until enough long term committed investors take the view that most of us posters have, that NVX is sitting on a great opportunity, then the share price will remain weak.
At some point though , hopefully, the quality and prospects of this business will be clearer. Then value should start to be created. We have talented management. Technology that should be critical to the electrification of transport and energy. It seems we have some very good minds directing the research and development. And finally, via this latest capital raise, NVX should be funded through to much larger production than the original 2000T per annum.
Final missing pieces are getting more offtake contracts publicising them and of course executing on the promises!
Anybody else got any thoughts?
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Price($) | Vol. | No. |
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