All depends on the price of IO and how FFI develops
A total unknown
You can graph it, you can analyse it to death
With FFI within FMG - who knows
IO could collapse and FMG go down to $5
FFI could get further involved with some heavy hitters and develop yet unknown technologies for Hydrogen and FMG could go to $100
I think you will find most opinions on FMG and FFI are already discussed in other FMG threads
Also, I would like to comment on your post:
"the simplicity of the business"
I respectfully suggest that FMG is NOT a simple business now that it has diversified into Hydrogen etc (FFI)
Earnings predictions, page-3
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Last
$21.62 |
Change
-0.420(1.91%) |
Mkt cap ! $66.56B | |||
| Open | High | Low | Value | Volume |
| $21.61 | $21.78 | $21.48 | $190.2M | 8.611M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 15504 | $21.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.62 | 6560 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |