NVX 2.16% 68.0¢ novonix limited

I was wondering, if they're in need of cash, why aren't they...

  1. 37 Posts.
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    I was wondering, if they're in need of cash, why aren't they selling their US$103 million (48C) tax credit. Of course it will have to be sold at a certain discount, but issuing new shares at the current price seems to me to be a much worse deal. When announcing the 48C tax credit, they indicated that it could also be sold.
 
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