FMG 5.04% $17.50 fortescue ltd

Betting the farm on Hydrogen, page-2

  1. 2,909 Posts.
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    Bacci
    Dont think it is that surprising that a lot of people are willing to" pivot "
    I think many here are get rich quick kids not averse to a bit of speculation .I am one
    I also think most here realise that the hydrogen part at this stage has little money invested and little share value attached
    As a result few here are expecting near term returns from this side of the business until such time proof of concept starts coming
    So its a bit like being in the lotto with a lot of tickets that dont seem to have been paid for and furthermore a couple of numbers have been pulled out and they are the correct ones
    So a very large potential payoff paid for by a not so visible section of a main business body and a a main business body that is both profitable and low risk until IO hits $100.I mean its not as if all our eggs or even a significant part are in a risky renewables basket
    In short a very well priced profitable IO company with a few" free" renewables attached which have a very high potential payoff
    Whats not to like about that
    PS there is a bit of feelgood factor for me being involved in something I believe in and that is supporting renewables

 
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