You are right that Smuglex was correct that Amazon added different business models in. But Amazon is also a wealth builder as well as a seller. You don't need shares to make money on Amazon. There are huge numbers of people living solely on income earned from Amazon, some with bricks and mortar stores, some out of their garage and some with only a computer. They promote it for free and bring the customers to Amazon.
FMG and FFI have different customers, need massive infrastructure and rely on technology which is unproven long term.
Just my two cents..
You are right that Smuglex was correct that Amazon added...
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Last
$17.34 |
Change
0.520(3.09%) |
Mkt cap ! $53.38B | |||
| Open | High | Low | Value | Volume |
| $17.31 | $17.51 | $17.00 | $309.6M | 17.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300 | $17.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.35 | 28897 | 5 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |