NVX 3.08% 63.0¢ novonix limited

Novonix Research Report Feb 2024, page-10

  1. 984 Posts.
    lightbulb Created with Sketch. 598
    Yours margin is off mate. More info since report was prepared. 45X tax credit now in play. Panasonic deal shows they are selling at US $10k /t (and this is assumed to generally be a low point in AAM prices).

    Assuming 301s still waived, and a mid-range operating cost of $7, you're looking at US$3.7k / t profit on the Panasonic offtake. Circa $5.6 AUD. If 301 tarrifs are applied this should add US$1-$2 to that margin.

    Then subtract any reasonable contingency you feel comfortable with.

 
watchlist Created with Sketch. Add NVX (ASX) to my watchlist
(20min delay)
Last
63.0¢
Change
-0.020(3.08%)
Mkt cap ! $308.0M
Open High Low Value Volume
65.0¢ 65.0¢ 63.0¢ $477.6K 749.7K

Buyers (Bids)

No. Vol. Price($)
14 201779 63.0¢
 

Sellers (Offers)

Price($) Vol. No.
64.0¢ 19000 3
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
NVX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.