I like your optimism @Buckaroo737
However, I feel it will require the promise and then delivery of commercial success in diversification for FMG to trade again in ATH territory.
Imo, there is plenty of scope for commercial diversification success:
- zero carbon Pilbara operations … annual savings of up to about $1b have been mentioned by FMG
- developing/licensing green technology, including electrolysers
- ammonia production
- green steel production
- international projects
- G a b o n green iron sales to Europe
Dex
FMG Technical Analysis, page-11552
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Last
$17.94 |
Change
-0.350(1.91%) |
Mkt cap ! $55.23B | |||
| Open | High | Low | Value | Volume |
| $18.20 | $18.24 | $17.92 | $112.0M | 6.210M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 440 | $17.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.95 | 10018 | 1 |
View Market Depth
| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |