NVX 2.41% 85.0¢ novonix limited

Tesla has potential to be a large battery supplier: Morgan Stanley, page-20

  1. 742 Posts.
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    I'll say this Novonix is the next BP in a decade time... That's a share price of $300 without stock splits, so a 300 fold increase in 10 years. It does not seem impossible as the big battery manufacturers would need around 1million + tonnes = $20B revenues. Attach a 5x P/S and you are looking at $100B company which is a $300 price target. Looks pretty outrageous but when you think about it, it actually makes sense. However, who here is willing to hold on this for 10 years I am

    This decade (2020-2030) is the decade for Artificial intelligence, internet of things & Electric Vehicles. 2010-2020 was the smartphone and cloud. 2000-2010 was the internet. 1990-2000 was Hard disk drives, CD's.

    I can't wait for this and Talga resources to kick ass this decade
    Last edited by elpassive: 26/08/20
 
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