You're not wrong. I wonder, although holders are mostly retail, I'm going to say most also understand the fundamentals of Novonix and battery minerals and have walked through the valley of death/orphan period. In these situations, are retail holders more likley to hold on for longer. I.e. not settle for 2X, but hang for the $10+ sp once some more deals are signed and facility construction and production really ramps??
Only time will tell, I'll check back in April '25 to see how things are going. I expect more positive movement this year, but I don't think the SP will really grow legs til next year and the year after.
@CompleteBull - be interested to hear what you have to say if 25% tarrifs are introduced next month.
NVX Chart, page-4143
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Last
75.5¢ |
Change
0.030(4.14%) |
Mkt cap ! $372.7M | |||
| Open | High | Low | Value | Volume |
| 71.5¢ | 77.5¢ | 70.5¢ | $1.910M | 2.572M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19879 | 75.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 76.0¢ | 77183 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| NVX (ASX) Chart |