NVX intrinsic value will increase on BD, no matter if a partnership will be announced or not with Tesla.
Here is why:
Option 1. Tesla and NVX partnership will be announced either by Tesla or by Novonix, or can be deduced from the specifications. NVX price goes up significantly.
Option 2. Tesla will not yet plan to use Novonix's materials. Announces 1 million mile battery. No DPMG. After this NVX's techonolgy will be obviously superior to that of Tesla in many aspects (longevity, cycle time, usage of Nickel (NVX can work with cheaper Nickel version as well), environmentally friendlyness of DPMG). So this would mean that NVX's techonolgy is better in many aspects than that of the much hyped Tesla.
Only option which would not favour the increase of NVX's intrinsic value if Tesla will come up with a more than 2 million mile battery, a better process than DPMG, and this has extremely low chance.
NVX intrinsic value will increase on BD, no matter if a...
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Last
72.0¢ |
Change
-0.005(0.69%) |
Mkt cap ! $355.5M | |||
| Open | High | Low | Value | Volume |
| 73.0¢ | 75.0¢ | 71.5¢ | $923.4K | 1.260M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 210647 | 72.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.5¢ | 4166 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| NVX (ASX) Chart |