Elon is a cooked unit.
He is doing great things, but, he also likes to hype and his followers hang on every word he says.
Greg Baynton, Phillip and Trevor St Baker, Andrew Liveris all knew where the industry is heading and made a very good move acquiring Novonix and PureGraphite.
Just gotta let this play out. Novonix's currently scaling timeline only has it taking 10% of US demand for Anode.
There was a reason the US Secretary of Energy was keen on this company getting going. Its a strategic asset to the US. The entire Biden Build Back Better supports local supply chains and intends to remove 100% reliance on China for import of critical minerals.
Remember that in 2020, not a single tonne of graphite anode was sold by the US. Novonix are about to change that, and have deep pockets to make that happen at scale.
Elon is a cooked unit. He is doing great things, but, he also...
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83.0¢ |
Change
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Mkt cap ! $405.8M | |||
| Open | High | Low | Value | Volume |
| 84.0¢ | 85.0¢ | 83.0¢ | $962.5K | 1.150M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 12 | 153889 | 83.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 83.5¢ | 27250 | 3 |
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| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
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83.0¢ |
Change
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| Open | High | Low | Volume | ||
| 84.0¢ | 85.0¢ | 83.0¢ | 292024 | ||
| Last updated 15.59pm 09/05/2024 ? | |||||
| NVX (ASX) Chart |