Novonix is not asset light business model. It's is a manufacturing business in the true sense of the world. Expect many more cap raises, if one day they hope to be producing 500,000 tons of this anode materials they might need another 1 billion to be raised.
I expect it be slow and steady. I just hope they give the existing shareholders the opportunity to buy in at same prices as the institutions.
And I get to to retire by 2030
NVX Chart, page-517
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Last
66.5¢ |
Change
-0.020(2.92%) |
Mkt cap ! $325.3M | |||
| Open | High | Low | Value | Volume |
| 68.0¢ | 68.0¢ | 66.0¢ | $497.4K | 741.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 21704 | 66.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.0¢ | 7669 | 4 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| NVX (ASX) Chart |