NVX 3.53% 88.0¢ novonix limited

marktan89..I repeat. They are now funded to 10ktpa production....

  1. 274 Posts.
    lightbulb Created with Sketch. 67
    marktan89..I repeat. They are now funded to 10ktpa production. Were at 2ktpa. Not debt. What happens beyond 10ktpa production to get to 40ktpa capacity b/w 2022 and 2025 is simply too far in the future to guess. For us shareholders it is clearly best if THAT expansion and any further expansions are funded through a mix of debt and cash reserves. None of us wants further dilution if not necessary.
    With these strong hints at increased capacity planned my personal opinion is that management must be seeing signs of very strong demand.
    We can only hope they are correct. They are smart operators the St.Barker's and Liveris' people. Not newbies to the energy sector in any way.
 
watchlist Created with Sketch. Add NVX (ASX) to my watchlist
(20min delay)
Last
88.0¢
Change
0.030(3.53%)
Mkt cap ! $430.2M
Open High Low Value Volume
84.5¢ 92.5¢ 84.5¢ $4.819M 5.405M

Buyers (Bids)

No. Vol. Price($)
2 1472 87.5¢
 

Sellers (Offers)

Price($) Vol. No.
88.0¢ 76245 5
View Market Depth
Last trade - 16.10pm 17/05/2024 (20 minute delay) ?
Last
88.0¢
  Change
0.030 ( 4.02 %)
Open High Low Volume
84.5¢ 92.0¢ 84.5¢ 1089637
Last updated 15.59pm 17/05/2024 ?
NVX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.