NVX 1.99% 77.0¢ novonix limited

Ok ill start.You'll get two different answers here. One group...

  1. 40 Posts.
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    Ok ill start.

    You'll get two different answers here. One group will say NVX is overvalued and all hype, doesn't deserve its market cap and will drop to under 1 dollar. The other will say it has unlimited potential, the future of batteries and worth every cent.

    I think both are right, it has huge potential but at this stage it is just hype and potential. When inflation, interest rate rises, tapering and war get mixed in, stocks like this get an absolute beatdown. I don't see it moving up in a meaningful way again until overall market sentiment returns or production starts.

    That said, I strongly believe in its long term success, right place, right time, right management, produced domestically and lots of expansion/new tech possibilities. Noone can predict the bottom or when the market may turn around, so noone can predict what the best entry price is. I am topping up at different levels as it lowers rather than blowing all my cash at once thinking it has bottomed.

    Will be a bumpy year for NVX, but hopefully solid future.
 
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