my initial concern was that branching out into renewable energy/hydrogen would frighten the traditional long term FMG investors looking for a single iron ore play, but on further consideration I think it will attract a new cohort of investors who will welcome a diversified approach.
In particular it will likely appeal to the Industry Super Funds that have steered clear of pure mining plays (dirty business).
If anyone can make renewable energy a successful industry without subsidies it is Twiggy.
GLTAH!
Kngaroo1
PS - it wasn't me who bought the 6m at $16-74 after the bell!
Iron ore price, page-25058
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Last
$18.24 |
Change
-0.250(1.35%) |
Mkt cap ! $56.16B | |||
| Open | High | Low | Value | Volume |
| $18.46 | $18.61 | $18.22 | $90.00M | 4.896M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7055 | $18.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.28 | 27809 | 2 |
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| Last trade - 16.10pm 12/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |