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NOVONIX

Buy NOVONIX shares

NOVONIX (NTU) Shares

ABOUT NOVONIX

NOVONIX Limited is a high precision battery company. Its portfolio offers a variety of services such as the development and supply of battery materials, equipment and other related services. It serves the North American lithium ion battery industry.

NOVONIX Limited operates through three divisions, Battery Technology (development of battery cell testing equipment as well as batteries), Graphite Exploration and Mining (explores Australian locations for graphite), as well as Battery Minerals (manufactures anode materials).

The company also offers additional services such as battery testing.

NOVONIX Limited is headquartered in Brisbane, Australia.  

OVERVIEW OF NOVONIX

  • In 2012 GraphiteCorp is founded to explore graphite material opportunities used by the lithium ion battery industry. In 2014 it acquires exploration permits in Queensland, Australia by negotiating farm-in agreements.
  • The company’s Mount Dromedary’s maiden drilling program in Queensland is completed in 2015. The same year the company is listed on the Australian Securities Exchange. During 2016 it expands its portfolio with downstream lithium ion battery materials.
  • It enters the lithium ion battery market in 2017 by entering a joint venture with Coulometrics to develop, manufacture and marketing high performance anode materials, PUREgraphite. The same year it buys a developer and manufacturer of high precision battery cell testing equipment, NOVONIX, which sells the most accurate precision batteries globally.
  • The transaction creates the opportunity for it to add large companies such as Apple, TESLA, XALT Energy, Panasonic, Bosch, CATL and Microsoft to its customer portfolio.
  • GraphiteCorp is renamed NOVONIX Limited in July 2017, reflecting the company’s portfolio better.

VISION & VALUES OF NOVONIX

  • NOVONIX Limited is committed to conduct business honestly, ethically, in accordance with the law and always in the best interest of its employees, customers and shareholders.
  • It aims to generate superior earnings for its shareholders and offer excellent services to its customers.
  • It operates sustainably and responsibly, creates a safe and healthy environment to its employees and contributes to the communities from which it operates.

MARKET PERFORMANCE OF NOVONIX

  • NOVONIX Limited trades on the Australian Securities Exchange under the ASX stock symbol NVX. Potential investors can buy shares today at an affordable price.
  • Data analysis for the company’s financial results for the year ending 30 June 2019 reports a revenue from contracts and customers of US Dollar 1,817,049. Other income is US Dollar 3,024,684. Cost of goods sold is US Dollar 741,280.
  • Administrative and other expenses are US Dollar 1,536,897. Basic and diluted earnings are both 21.2 cents per share. Cash and cash equivalents are US Dollar 6,054,664. Inventory is US Dollar 1,116,991.
  • Total current assets are US Dollar 7,854,758 and total non-current assets are US Dollar 27,065,141. Total assets are US Dollar 34,919,899.

Buy NOVONIX stocks / shares – A Step by Step Guide how to Buy / Purchase NOVONIX Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy NOVONIX Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN NOVONIX STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE NOVONIX STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of NOVONIX stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy NOVONIX stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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