NVX

0.82%

61.5¢ novonix limited

What's coming up.., page-18

First 18 Last

Share
Profile

Follow
Paulweller66

2,539 Posts.

826

08/06/24

13:55

Post #: 74229516
Share

Originally posted by swoopy ↑

these are my thoughts.
CR.
Where there is smoke there is fire did Nvx canvass the market for capital through Citi and get completely f*ed. Why would you raise in June with capital loss selling and before tariffs kick in which could bring some sentiment back to the company or sector even know there is no real artificial graphite sector as we get stuck with natural. with a rapid share price decline maybe they had too as i think any company of size can't let their bank account go below 50 million then they are cornered with not many options which is where they are now heading.
If they had a strategic investor, it would of be done privately like LG deal so maybe can't get any funds their atm. And their cash would be sitting at around 50 m right now.
Novonix BTS is this business cash flow neutral, it has been running for 5-7 years and I know they provide services to the battery industry, but it seems like for free. I do understand it puts NVX in a unique position but right now I feel like having 2 business with 200 people to pay and corporate costs could be making it difficult to attract investors in 1 business that is essentially r and d and another 1 that won't be producing any product for sale for a while yet. Is BTS a bit of a noose around NAMs neck atm driving even larger cash burn?
Production.
Let's get this straight, Chris said in latest interview 3000 Tonnes by the end of the years for c samples(commercial) and commercial deliveries 25 which their current supply agreement to Panasonic starts 25. So there first customer is Panasonic. The growth curve is massive but so is the capital out lay. will Nvx finally hit some targets as they to be honest haven't hit 1 yet. Will demand create a sentiment change and let prices rise to make new projects attractive or will china keep private investors away by flooding the game. Novonix do need to bring costs down and raise more capital or will this end up around 2-3billion shares on issue by 26?
i sold at 79 cents brought back in at 69 cents 100000 shares only to sell at 69.5 when they broke 70 cents on pause of trading day at 11.16am just by luck even though its at the same price now. I was watching the action and there was somebody loading up at 70 but also someone else who was dumping more, straight from the open?

Expand

Lots of questions;Why not raise closer to $1 when we were there recently?Why the rush if they were suddenly sniffing out their prospects for a raise..possibly had to match with someone else coming on board\deal whatever?
What benefit for citibank leaking this info?
A gazillion ways to look at this but agree on the smoke\fire thing and the need for our BOD to come clean asap and keep updates coming...Cathode\I.P both overdue for news\update.
Clarity from board lacking once again sadly.

NVX Price at posting: 70.5¢ Sentiment: None Disclosure: Held
6 Upvote

1 Great analysis

Reply

Top Stories

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

TNC

True North increases silver metal at QLD's Vero deposit by 20%

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

NEU

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

Emerald & Azure score Digger & Dealer awards

HZR

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

Revolutionary inverter technology leads the clean energy charge

TKM

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

Bitcoin: Current State of Play & Where to Next | Swyftx

There are more pages in this discussion • 7 more messages in this thread...

First 18 Last

Add NVX (ASX) to my watchlist

(20min delay)
Last 61.5¢		Change 0.005(0.82%)		Mkt cap ! $303.0M

Open	High	Low	Value	Volume
62.5¢	63.5¢	61.0¢	$650.5K	1.048M

Buyers (Bids)

No.	Vol.	Price($)
4	66264	61.5¢

Sellers (Offers)

Price($)	Vol.	No.
62.0¢	4039	1

View Market Depth

No.	Vol.	Price($)
3	26264	0.615
9	85527	0.610
10	69919	0.605
32	348102	0.600
2	3680	0.595

Price($)	Vol.	No.
0.630	20000	1
0.635	24260	2
0.640	38056	6
0.645	38357	2
0.650	76072	8

Last trade - 16.10pm 09/08/2024 (20 minute delay)

NVX (ASX) Chart

What's coming up.., page-18

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

True North increases silver metal at QLD's Vero deposit by 20%

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

Emerald & Azure score Digger & Dealer awards

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

Revolutionary inverter technology leads the clean energy charge

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

Bitcoin: Current State of Play & Where to Next | Swyftx

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

What's coming up.., page-18

Top Stories

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

True North increases silver metal at QLD's Vero deposit by 20%

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

Emerald & Azure score Digger & Dealer awards

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

Revolutionary inverter technology leads the clean energy charge

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

Bitcoin: Current State of Play & Where to Next | Swyftx

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News