NVX 2.01% 73.0¢ novonix limited

Recent share price increase, page-20

  1. 36 Posts.
    lightbulb Created with Sketch. 13
    My guess is that investors are buying in early for a ticket. Retail shares hit the market on the 26th of June, Tesla's battery presentation is expected this month. What happens if it's before the shares hit? What would happen if Novonix was hinted at during the presentation? What would happen if Elon expressed the desire to reduce exposer to China in the supply chain. Even if Elon doesn't mention anything Novonix related, samples are to be tested by Samsung in October, Sanyo MOU could materialise into more depending on Samsung's independent audit. I agree that buying shares right now does not seem logical, however; a lot stranger things have happened in the markets over the last 3 months. This space is hot, we are early, this is rare. I'm not saying the price won't retrace, this stock is volatile, however; I can understand the argument to buy shares now. You would gain exposure to this company's potential, which is significant.
 
watchlist Created with Sketch. Add NVX (ASX) to my watchlist
(20min delay)
Last
73.0¢
Change
-0.015(2.01%)
Mkt cap ! $359.6M
Open High Low Value Volume
75.5¢ 76.5¢ 73.0¢ $643.0K 858.5K

Buyers (Bids)

No. Vol. Price($)
4 63353 73.0¢
 

Sellers (Offers)

Price($) Vol. No.
74.0¢ 27850 1
View Market Depth
Last trade - 16.10pm 01/08/2024 (20 minute delay) ?
NVX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.