I agree with both of you.
In my opinion, after the point in time which Novonix was selected by the US government for the $150 Millions USD grant - the fair value should have substantially increased as the risk has decreased. Anything with a $2 in front of the SP is dirt cheap (for mid / long term investment) is dirt cheap. Anything under $2 is a steal...
The daily gross short sales is still crazily high yesterday 12 Dec 2022 - 17.72% of the daily volumes traded are gross short!
It looks to me the shorters are still working hard to cap the SP.
DYOR & good luck to all!
I agree with both of you. In my opinion, after the point in time...
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Last
61.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $305.4M | |||
| Open | High | Low | Value | Volume |
| 62.0¢ | 62.5¢ | 60.5¢ | $477.6K | 775.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 226446 | 60.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 15793 | 6 |
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| Last trade - 15.08pm 26/08/2024 (20 minute delay) ? |
| NVX (ASX) Chart |