151453477
commented on a stock · Oct 30, 2024 11:44
Fly
$Novonix (NVX.AU)$Investment institutions are currently “shaking out” the market to accumulate shares in preparation for a future stock price increase. buy it at 0.715
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Anderson C
:
think the instos are waiting for a large equity placement soon to finance the company’s significant investment needs, no rush to buy yet, wait for the placement or in the 60c range
MooMamaLlama
:
I prefer how some companies will send an actual letter to me, with an offering to current shareholders first. If not taking the opportunity, it's a heads up at least
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Anderson C : think the instos are waiting for a large equity placement soon to finance the company’s significant investment needs, no rush to buy yet, wait for the placement or in the 60c range
MooMamaLlama : I agreed with OP on this one... but Mr Anderson knocked it outta the park!
MooMamaLlama MooMamaLlama : sorry if not a Mr...just thought of the matrix
Anderson C MooMamaLlama : now can participate in the SPP at 60c


MooMamaLlama Anderson C : jumping on it very soon!
MooMamaLlama : I prefer how some companies will send an actual letter to me, with an offering to current shareholders first. If not taking the opportunity, it's a heads up at least