Would be safe to say when you do officially read GM or Tesla endorse NVX the share price will be much higher. Market generally almost always reads the tea leaves before the official announcement, hence this NVX share price move which IMO is only at its very early stages in growth.
The connection between the patent technology and NVX current very low market cap and the fact it is already endorsed by scientists linked to both companies is enough for me. I don't need the official announcement as the train would have well and truly left the station by then. This is a clear BUY for me, good luck.
Tesla & GM 1Million Mile Battery - NVX to supply Graphite, Electrolyte & Cathode, page-127
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54.5¢ |
Change
-0.005(0.91%) |
Mkt cap ! $269.0M | |||
| Open | High | Low | Value | Volume |
| 55.5¢ | 55.5¢ | 54.5¢ | $367.4K | 669.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 160235 | 54.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 35510 | 2 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| NVX (ASX) Chart |