FMG 0.45% $22.10 fortescue ltd

Iron ore price, page-25058

  1. 426 Posts.
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    my initial concern was that branching out into renewable energy/hydrogen would frighten the traditional long term FMG investors looking for a single iron ore play, but on further consideration I think it will attract a new cohort of investors who will welcome a diversified approach.

    In particular it will likely appeal to the Industry Super Funds that have steered clear of pure mining plays (dirty business).

    If anyone can make renewable energy a successful industry without subsidies it is Twiggy.
    GLTAH!

    Kngaroo1
    PS - it wasn't me who bought the 6m at $16-74 after the bell!
    Last edited by kangaroo1: 12/11/20
 
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