The question is what value is going to be assigned to this "new business opportunity" outside of their in-house operations? The company have this intellectual property and heavy industry isnt going to be waiting on the sidelines if they can potentially save mu lti millions within their own operations. The WAE acquisition was genious and very strategic imv. Initial target heavy haul industry. From heavy haul trucks, drill riga, cranes etc and that's not even counting shipping, trains etc. Potential game changing tech.
Tony
POWER!!!! Fortescue Future Industries, page-1321
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Last
$19.40 |
Change
0.550(2.92%) |
Mkt cap ! $59.73B | |||
| Open | High | Low | Value | Volume |
| $18.50 | $19.50 | $18.45 | $365.1M | 19.27M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $19.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.42 | 99 | 1 |
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| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |