The share price is less than half what it was in October 2017, yet the company is less than 4 months away from their 1000tpa plant and commercial production of the Puregraphite. They will be selling it for between $US8000-$US20,000 per tonne.
That equates to sales of between $8million and $20million in 4 months.
As the company begins to make these major announcements, volume will return to the stock like we saw in October. $300-$650k worth of daily sales which saw the share price surge to $1.90
https://www.********.au/2017/10/04/why-the-novonix-fpo-share-price-is-soaring/
G
NVX, page-106
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67.5¢ |
Change
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Mkt cap ! $332.5M | |||
| Open | High | Low | Value | Volume |
| 67.0¢ | 68.5¢ | 67.0¢ | $91.42K | 135.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1040 | 67.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.0¢ | 55697 | 12 |
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