NVX 6.33% 74.0¢ novonix limited

NVX to go to $28.50 a share!

  1. 791 Posts.
    lightbulb Created with Sketch. 239
    If NVX gets this 25,000 tpa agreement with Samsung...and no reason to think they won't now they are actually building a $11.5 million furnace for that exact purpose then I have the share price going to $28.50 based just on this agreement only! Calculations below:

    25,000 tpa * avg price of Purgraphite of 20,000 per tonne (refer below for avg) = $500,000,000 revenue. Divided by number shares outstanding = 351,000,000 = EPS of $1.43 a share times an average P/E of say 20 means share price could go to $28.50 just based off this agreement!

    https://hotcopper.com.au/data/attachments/2840/2840156-fa950610808a73095a47086dbd8b6e11.jpg
 
watchlist Created with Sketch. Add NVX (ASX) to my watchlist
(20min delay)
Last
74.0¢
Change
-0.050(6.33%)
Mkt cap ! $361.8M
Open High Low Value Volume
79.0¢ 79.0¢ 73.5¢ $2.118M 2.816M

Buyers (Bids)

No. Vol. Price($)
5 84667 74.0¢
 

Sellers (Offers)

Price($) Vol. No.
75.0¢ 43192 3
View Market Depth
Last trade - 16.10pm 28/05/2024 (20 minute delay) ?
Last
74.0¢
  Change
-0.050 ( 6.62 %)
Open High Low Volume
78.0¢ 78.0¢ 73.5¢ 984759
Last updated 15.59pm 28/05/2024 ?
NVX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.