IMO the problem with FFI is that its priced as an additional expense. At the moment there's just a large expense allocated to "studies" and some smaller amounts allocated to hydrogen vehicle R&D.
FFI won't add value to the SP until FMG gives shareholders a clearer picture of where / when revenue will be generated.
With that said, a large reason I bought into FMG was the prospects of FFI, so I'm definitely bullish.
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FMG
fortescue ltd
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$16.97

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Last
$16.97 |
Change
-0.030(0.18%) |
Mkt cap ! $52.34B |
Open | High | Low | Value | Volume |
$17.08 | $17.12 | $16.96 | $9.925M | 582.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1132 | $16.97 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.98 | 4135 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 878 | 17.000 |
14 | 6901 | 16.990 |
21 | 20550 | 16.980 |
10 | 8636 | 16.970 |
22 | 14581 | 16.960 |
Price($) | Vol. | No. |
---|---|---|
17.010 | 4803 | 8 |
17.020 | 6047 | 10 |
17.030 | 8555 | 11 |
17.040 | 6434 | 11 |
17.050 | 8646 | 12 |
Last trade - 10.26am 21/07/2025 (20 minute delay) ? |
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FMG (ASX) Chart |