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.
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Last
$18.49 |
Change
0.390(2.15%) |
Mkt cap ! $56.89B | |||
| Open | High | Low | Value | Volume |
| $18.32 | $18.62 | $17.94 | $153.9M | 8.371M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2677 | $18.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.50 | 18683 | 7 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |