NVX 0.00% $2.40 novonix limited

Wow! Amazing Company!

  1. 225 Posts.
    lightbulb Created with Sketch. 110
    Now that the clickbait title has got your attention:

    ~$700m market cap for a stock with:
    > Half year revenue ~$2.5m
    > Half year loss of ~7m
    > Equity $13m pre cap raise, $70m after the $58m raise.

    70c to $2.10 on the back of the Single Crystal Cathode announcement with hype towards Battery Day.

    The amount of bulls in this forum with a sparkle in their eye from nothing but rumours is quite scary.
    Battery day will bring this stock to it's knees when reality kicks in. IMO this will be under $1 very, very soon.
    Last edited by PerfectAnalysis: 18/09/20
 
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