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$Novonix (NVX.AU)$ Why did it go up today?

$Novonix (NVX.AU)$ Why did it go up today?
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  • 151654735 OP : Waiting for the day when it soars into the sky.

  • MooMamaLlama : Axon IPO coming, also new director. This has been itching for a massive leap 🚀
    Both US and Oz govt's and some big investors have been injecting cash over last couple of years. It had a fair bit of debt and interest rates were killing it. However, like me, I believe they saw the long run potential so made sure they could finance their debts and running costs. Battery tech R&D make up a huge part of their business... that needs extra funding. But end results speak for themselves imho.

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