NVX Fundamental Analysis - a multi MULTI bagger, page-196

This reminds me of A2M - milk powder stock.
At that time, I couldn't buy any A2 milk for my baby because there is hardly any on the shelves of most supermarkets!
I still remember A2M's product was very niche that despite the cost of shipping and the expensive pricing, a lot of Chinese were asking their friends and relatives to buy it from Australia and post it to China! The shares rocketed up to $20 from under $1 in a matter of years.

Fast forwarding to 2022, the beginning of the EV era:
- EV - Tesla wait time is 9-12 months?
- Hybrid - Toyota Rav 4 - wait time is 24 months+?

Most countries are going to ban ICE car at some stage.

All of these EV/Hybrid uses batteries.

Novonix is one of the leaders in battery technology.

USA has selected Novonix to receive a $150 millions USD grant!

It is NOT just the Chinese after EV, but everyone on the planet world! How far this one can fly???

Noone can predict whether the share will go down a bit more (because of the shorters).

But long-term wise, the shorters can't cap it forever!

Good luck!