NVX 0.00% 85.0¢ novonix limited

After NVX is done and dusted, please try to get some basic...

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    After NVX is done and dusted, please try to get some basic knowledge on something called 'fundamentals', if you do choose to continue investing/trading stocks. NVX is not cheap and it definitely wouldn't be cheap at $2. In fact, considering its fundamentals (or the lack thereof) - including the softer aspects of it, such as 'growth story' - it is still considerably overvalued. Furthermore, considering the pattern of expenses (i.e. heaps on administration and executive feees and almost nothing on R&D and production) and non-stop dilution through performance rights issuance, I'd be quite skeptical.
    Last edited by kokoro: 22/04/24
 
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