NVX 1.99% 77.0¢ novonix limited

IMHO One of the the reasons we are here is because of the...

  1. 143 Posts.
    lightbulb Created with Sketch. 5
    IMHO One of the the reasons we are here is because of the 'question mark' around funding. Even though the whole sector is in the toilet, if we can secure further strategic investment similar to LG agreement then the Insto's plan of taking their long positions in the cap rise will be off the table and they'll have to buy on market. Although there will inevitably be some dilution, I think this will be a big plus for the SP.
    Im still hopeful of further offtake agreements this year resulting in approval of the DOE loan early 2025.
 
watchlist Created with Sketch. Add NVX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.