Ok so it appears to not be him selling
That makes be less bullish
I seriously believe the SP would rally strongly if he simply stayed quiet and took FMG out of political and environmental spotlight.
Hopefully the announcement a week or so back was a hint of this in the future.
I admire he is convicted to his help for the environment and believe he is correct that global warming is a problem.
But I disagree (as a SHr of FMG) in his execution (within FMG) of his beliefs.
The best outcome I think for all shareholders is if the Green hydrogen was split off FMG as a separate listed venture.
If that happened I think the SP of the separated FMG (minus the hydrogen) would rocket
But is that now possible after the recent restructure?
Thanks
(NA>IMO)
Iron ore price, page-53361
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Last
$18.28 |
Change
-2.070(10.2%) |
Mkt cap ! $56.28B | |||
| Open | High | Low | Value | Volume |
| $18.59 | $18.68 | $18.26 | $482.3M | 26.08M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 8480 | $18.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.30 | 300 | 1 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |