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)
All depends on the price of IO and how FFI developsA total...
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Last
$21.86 |
Change
0.070(0.32%) |
Mkt cap ! $67.30B | |||
| Open | High | Low | Value | Volume |
| $21.95 | $22.35 | $21.71 | $192.6M | 8.766M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 705 | $21.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.88 | 1359 | 3 |
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| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |