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!
my initial concern was that branching out into renewable...
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Last
$20.14 |
Change
-1.180(5.53%) |
Mkt cap ! $62.01B | |||
| Open | High | Low | Value | Volume |
| $20.65 | $20.83 | $20.02 | $262.9M | 12.91M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1250 | $20.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.15 | 2500 | 1 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |