IMO the problem with FFI is that its priced as an additional expense. At the moment there's just a large expense allocated to "studies" and some smaller amounts allocated to hydrogen vehicle R&D.
FFI won't add value to the SP until FMG gives shareholders a clearer picture of where / when revenue will be generated.
With that said, a large reason I bought into FMG was the prospects of FFI, so I'm definitely bullish.
Iron ore price, page-35059
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$18.40 |
Change
0.000(0.00%) |
Mkt cap ! $56.65B | |||
| Open | High | Low | Value | Volume |
| $18.30 | $18.53 | $18.30 | $34.21M | 1.851M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300 | $18.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.43 | 1575 | 2 |
View Market Depth
| Last trade - 14.10pm 24/12/2024 (20 minute delay) ? |
| FMG (ASX) Chart |
