I think we've broken down under an important trend line into a uncertain (some may say weakening) macro env, after a market-wide run we really didn't participate in. Take a look at the $NMG chart and you'll see what I'm talking about. NVX is going to "blow in the wind" until it doesn't...Of note the 2B prelim DOE loan approval for Redwood Materials.
This may continue for some time as they're cashed-up with a partner (PSX) that has endless cash and obvious needs to meaningfully diversify.
I'm saying they don't give a damn about the market.
I think we've broken down under an important trend line into a...
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Last
71.0¢ |
Change
-0.055(7.19%) |
Mkt cap ! $347.1M | |||
| Open | High | Low | Value | Volume |
| 75.0¢ | 75.0¢ | 70.0¢ | $1.826M | 2.521M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7797 | 70.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 71.0¢ | 24884 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| NVX (ASX) Chart |