NVX 1.43% 71.0¢ novonix limited

Point remains the same no matter how you slice it, you're free...

  1. 395 Posts.
    lightbulb Created with Sketch. 263
    Point remains the same no matter how you slice it, you're free to think about my example with a lower baseline price if you think that's what the stock is worth. Be mindful that a lot of material changes have happened since April 2020, so that price is no longer an accurate baseline IMO. I think that 2021 date is OK for the example because most stocks went through significant growth together, so the playing field was level at the time. It's only what NVX did after that point that makes it a bit of an outlier.

    While many other stocks remained steady, NVX as far as I've seen is the only graphite-hopeful stock whose chart looks like *this*. I think that's just something worth being mindful of as we speculate away. I think my whole point just boils down to "$10 wasn't realistic, don't let it influence the decisions you make right now".

    https://hotcopper.com.au/data/attachments/4902/4902828-d74152363fc80369b381d780eaebd5f1.jpg
    Putting my MS paint skills to the test
    Last edited by JSSF: 09/12/22
 
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