Knobby22
Mmmmmm 2nd breakfast
- Joined
- 13 October 2004
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Yes, fascinating.
can Andrew Livaris have a meaningful role at Novonix? He is based in Sydney during Covid closures, and is an advisor to the government's National Covid-19 Coordination Commission
https://www.afr.com/policy/economy/...he-new-normal-is-here-to-stay-20200621-p554mb
Liveris' advice to chief executives he works with – either as a mentor or in his positions on the boards of IBM, Worley Parsons and Saudi Aramco – is to be ready to disrupt your own business model, even when you are running a business where cashflows are strong but margins are steady. "That's not what people are looking for. They are looking for unabated margin growth."
Liveris says a CEO needs two key things to navigate this: the right board and the right attitude. The modern board, he says, should be as good at portfolio management – that is, deciding which areas of the business to invest in, which to disrupt and which to exit – as the portfolio mangers that invest in your company.
Chief executives also need to think like the activist investors who have become a feature of modern capital markets, stalking companies with ideas to unlock value. The modern chief executive must be able to look at new business models – Liveris gives the examples of ecommerce, digital payments and electric vehicles – and understand how the broad thinking behind them can be applied in their own business.
https://www.afr.com/work-and-career...-ceos-must-disrupt-themselves-20200722-p55efb
know what you're trying to sayI failed to mention that Livaris is also a billionaire. .. people like Livaris and Forrest, etc, walk down the isles of the cabinet offices at Parliament House without impunity.
wrt to his role at NVX, it would be towards establishment and then scaling up of the Tennessee USA facility for battery mfg - commercialisation of graphite (as the first contracted supplier of high capacity long life synthetic anode). Not dependent on Chinese supplies as per the SharesCafe webinar. PureGraphite, slide 6'50" on the talkChina wants global leadership, but not for a mutual benefit. China wants a world on China’s terms, and that will force people to make choices. Companies will have to decide whether they have two ways of operating and maximise effort where it best suits them.
That is a simple choice for US or Chinese companies, but tough for countries such as Australia and Canada. Their choices will be made harder by the fact that the US is likely to focus on its own interests for at least a decade or two. In the end, most Western-based companies prefer the US way of doing things...
'He's dreaming': Mike Cannon-Brookes and coal baron Trevor St Baker clash over renewables
https://www.smh.com.au/business/sma...er-clash-over-renewables-20200622-p554z3.html
Became sub holder 30/6/20
St Baker Energy Holdings Pty Ltd as trustee for St Baker Energy Innovation Trust
Class of securities(4) Number of securities Person's votes (5) Voting power (6)
FULLY PAID ORDINARY 63,073,145 63,073,145 18.1%
Follow the money. In this case, not Mike.
"Novonix and Samsung SDI have agreed that the full production qualification program should be based around material produced in the 2000 [tonnes] per year expansion."
"The new furnace technology to be developed under this award will be industry leading and state of the art in energy efficiency, environmental impact, and capital cost. This is all part of our roadmap for continued innovation to make the highest performance material at globally competitive costs, all based in the United States”, CEO Dr. Chris Burns said.
Basically doubled in 3 days. Not bad for a $Billion dollar Companyand got to over $4. NVX and LKE, mentioned together in Announcements, are both on a tear. Buying stronger at open.
and got to over $4. NVX and LKE, mentioned together in Announcements, are both on a tear. Buying stronger at open.
last 10 days; 15minute chart
Wisely deferred their retail SPP (at 2.90) because the current share price is well below this value. Insto's and directors who bought at 2.90 are probably miffed. An interesting one to watch.
@Miner , I can't open those links ... presume it goes through your login . Cut and paste the relevant bit is more useful
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