NVX 0.00% 70.0¢ novonix limited

It is "cheap" compared to $12 that it was in late-2021. It is...

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    It is "cheap" compared to $12 that it was in late-2021. It is way overvalued compared to $0.2 that it was before the central bank intervention and global market distortion of 2020-2021. You can't measure how cheap or expensive is a stock just buy looking at the share price. The company is generating practically no revenue, whilst burning aggressively cash, and I can't see clear indications that it is about to change. For that reason, I don't see it as a $600M company and most certainly not a $5B market cap company.

    That being said, why do you care so much why I am here? Anyone is welcome to be here as long as they follow the board's rules. You are not an authority here, so move on and keep loading up, if this makes you happy.
    Last edited by kokoro: 06/04/23
 
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