AF has already stated that he thinks his green hydrogen will make much more money than iron ore and all this starts to happen in the next 5 to 10 years.
I think the share price will go up far higher than anyone ever dreamed of even with stock market crashes along the way.
FMG will also make billions from making green steel and already has plans to sell IO to South Korea who will also be making green steel.
Europeans want to do business with anyone going green technology so I think we will eventually out sell steel to the world by any country including China.
Queen steel to be made by FMG and a company in Qld.
FMG will end up being our biggest company in Australia and may well be a trillion dollar company in the next 20 years
due to green hydrogen.
AF has contracts in place with 47 countries for green hydrogen. He's a forward thinking person.
WA leader McGowan is backing him as is the WA LIbs and now ScoMo. Fed ALP not said anything
on green hydrogen. They seem hell bent on lithium and electric cars only.
Final dividend likely to be at least $2.25 a share now, page-86
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Last
$21.82 |
Change
-0.590(2.63%) |
Mkt cap ! $67.18B | |||
| Open | High | Low | Value | Volume |
| $22.18 | $22.19 | $21.80 | $110.2M | 5.031M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 11208 | $21.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.82 | 8653 | 1 |
View Market Depth
| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |