Australia's largest stock trading and investment forum Australia's #1 stock forum

NVX

Click for more information

4.35%

72.0¢ novonix limited

and NVX isn't being heavily shortered. So any increase in SP...

First 4117 Last

Share
Profile

Follow
Proga

5,114 Posts.

871

12/03/24

19:36

Post #: 72855743
Share

Originally posted by Joey6: ↑

I think everything you have said is reasonable. On the flip side, specifically referring to Novonix and the broader isolationism that will impact the industry, they are approaching 'make or break' territory. The end of this year or early next year should have Novonix start to make more meaningful revenues. That's not to mention that this newsagency is already making 10m revenue a year on a run-rate basis, and is the market leader in testing batteries. Hardly nothing. That said, with likely additional binding offtakes to come in the next 6-12 months, a DOE loan and a greenfield site announcement, there is plenty to come imo. Novonix has been derisked significantly over the last 12 months. The golden question is, can they continue producing high-quality anode at scale, at 10k-20ktpa? Again, I'm not too interested in the share price over the next 6-12 months provided they continue to meet key milestones, but I wouldn't be surprised if we are looking at a healthier share price in that time then what we are currently seeing.

Expand

and NVX isn't being heavily shortered. So any increase in SP isn't being blunted by the shorters via increased short volume

NVX Price at posting: $1.00 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

NVA

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

MND

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

MIN

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

Nine's staff strike as Paris Olympic coverage begins

RHK

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

There are more pages in this discussion • 52 more messages in this thread...

First 4117 Last

Add NVX (ASX) to my watchlist

(20min delay)
Last 72.0¢		Change 0.030(4.35%)		Mkt cap ! $355.9M

Open	High	Low	Value	Volume
69.0¢	73.5¢	68.0¢	$737.9K	1.028M

Buyers (Bids)

No.	Vol.	Price($)
6	32264	72.0¢

Sellers (Offers)

Price($)	Vol.	No.
72.5¢	7000	1

View Market Depth

No.	Vol.	Price($)
3	15870	0.720
10	38609	0.715
9	31972	0.710
1	17027	0.705
2	84000	0.700

Price($)	Vol.	No.
0.725	903	2
0.730	35752	6
0.735	72679	10
0.740	11574	3
0.745	37747	3

Last trade - 15.26pm 26/07/2024 (20 minute delay)

NVX (ASX) Chart