Thanks for you technical analysis Haplo.
People need to realise that Novonix’s current share price should have occurred 12-15months ago, given what they had achieved.
What was stopping International Institutional Investors from buying into Novonix was the Convertible Notes.
As soon as these were converted to shares early in early June, daily shares traded have surged and the share price has risen to reflect what Novonix achieved to date.
Then the Single Crystal Cathode+DPMG breakthrough patent and Dry Particle Microgranulation patents saw the share price move to reflect these breakthrough announcements.
The next upward movements in Novonix’s share price will come from additional milestone events that Novonix will announce to the ASX.
We just need to let Novonix dot the i’s and cross the t’s!
NVX Chart, page-31
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Last
75.5¢ |
Change
0.030(4.14%) |
Mkt cap ! $372.7M | |||
| Open | High | Low | Value | Volume |
| 71.5¢ | 77.5¢ | 70.5¢ | $1.910M | 2.572M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19879 | 75.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 76.0¢ | 77183 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| NVX (ASX) Chart |