Things change. Other companies see what is needed and they start up new businesses.
Have you not seen what is happening with cars. It used to be the big companies only did petrol
and not much else. Now every single one is going EV and dropping petrol made cars. Things change.
Same will happen with making steel. BHP and RIO looking to go down that path now too as are many other companies.
FMG has a big head start on them all just as Tesla had a head start on EV's and now the biggest car maker in the world.
Some European countries now looking to make green steel too as is South Korea so new markets open up.
FMG will it ever be around $4.50 again, page-30
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Last
$21.90 |
Change
0.040(0.18%) |
Mkt cap ! $67.42B | |||
| Open | High | Low | Value | Volume |
| $21.92 | $22.11 | $21.82 | $224.3M | 10.10M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3932 | $21.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.90 | 400 | 1 |
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| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |