NVX 0.00% 61.5¢ novonix limited

Not sure if I am insensitive or what, but when I see 10-40%...

  1. 2,703 Posts.
    lightbulb Created with Sketch. 1838
    Not sure if I am insensitive or what, but when I see 10-40% swings in the SP, it make me laugh.

    My highest buy in was $1.17, watched it drop to 18c, all while buying every dip I could as I have a high risk tolerance for start up companies with the right management and market demand moving forward.

    Definitely not financial advice, but I am confident in where I the company is moving to and the management backing this.

    It could still easily drop another 50% from this level, I will still be holding LT.

    We have all seen how tight management play their cards with the Andoe business, we have a 10T demonstration cathode line about to be commissioned any day now. Novonix's intention is to lease this IP across industry if it can prove at scale.

    If both businesses are commercially viable, at scale, globally, well.... IMO this is a USD 10-20 billion MC in the next few years, especially if they continue to work on current and next gen technology.

    All my opinion, dyor.


 
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