This is the million mile question of 2020:
Will Novonix hit $2 in 2020?
My opinion is that it is more likely that it will than that it will not.
Several possible reasons:
Serious commercial deals to be announced - Kore is one option but there are many other companies that may be in the pipeline
Tesla hype - while it remains to be seen whether Novonix will be part of BD, the rumours alone could lift the price
Novonix story spreading: as more and more youtube channels, financial sites, tv channels spread the word, more and more possible investors will learn about it
Institutional investors: just one serious deal could make a lot of institutional investors wanting to buy in.
My gut feel, 2020 will be the break out year for Novonix!
NVX 2$ in 2020
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Last
83.0¢ |
Change
-0.005(0.60%) |
Mkt cap ! $405.8M | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 86.0¢ | 82.5¢ | $1.366M | 1.640M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2205 | 82.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.0¢ | 4757 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
82.5¢ |
Change
-0.005 ( 1.57 %) |
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| Open | High | Low | Volume | ||
| 85.5¢ | 86.0¢ | 82.5¢ | 545212 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| NVX (ASX) Chart |