NVX 1.45% 70.0¢ novonix limited

@stockyclint Watching capping behavior on OTC here in the States...

  1. 389 Posts.
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    @stockyclint Watching capping behavior on OTC here in the States for weeks. Agree w/ your comment about macro market timing and $NVX sh price. It could be a long slog through 2023 as some macro analysts predict see saw, range-bound action for markets. This, and the company's shrewd disclosure style, could means continued pressure on the sh price. I have no idea what's going on BTS, the delays in off-take could be related to bargaining strategy, or more likely strategic, NDA-bound tie-ups.
    I see public anns every day about EOM's scrambling to secure Li supply, and little action about graphite. I look around, on the roads, at the shear amount of EV growth there will be in the next three years and things simply don't add up. Its ridiculous to think the instos are not all over this. Of course they are, as $NVX is one of the most heavily shorted stocks on the ASX. sneaky.png
 
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