I'm a strong believer in Hydrogen. I have a bit invested in the other major Oz player. I do like Twiggy's plans for a Hydrogen future and want to invest in it. However, as FFI is not a separate entity to FMG, I feel FMG still has more downside due to iron ore prices which are tipped to drop even more maybe even 50%. If FFI was a stand alone entity (funny enough, the FFI stock code is already taken), I would be in like a shot. So obviously the trick here is to pick the bottom of the iron ore market and buy then. So, how long is a piece of string? I'd like to hear people's thoughts.
Iron ore price, page-39472
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Last
$19.73 |
Change
0.760(4.01%) |
Mkt cap ! $60.74B | |||
| Open | High | Low | Value | Volume |
| $19.11 | $19.90 | $19.11 | $207.2M | 10.61M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 55717 | $19.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.76 | 15000 | 1 |
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| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |