NVX 1.27% 78.0¢ novonix limited

Make that Cap raise price now $7.00.... or so. Falling like a...

  1. 2,606 Posts.
    lightbulb Created with Sketch. 505
    Make that Cap raise price now $7.00.... or so. Falling like a stone.
    Seen it all before they get a speed ticket lie to ASX in response like today, then 4 weeks later say "HUGE Cap raise" and then say they just re evaluated if asked by ASX. Meanwhile new shareholders get smacked.

    Their Market cap even at $1.00 is insane for a company with no revenue or customers or proven IP or partners or assets or reserves or cash flow or anything that commands $4-5bn valuation .....so even a downgraded $7.00 cap raise is still manna from heaven.
    GLTAH
 
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