We should hear lots of updates on FFI front on next week yearly report. Many activities are happening in the background, most important is the land use/access negotiation as the renewable energy will need that. China is in the process of reopening, I am guessing before Xi's attending G20 in Indonesia, something Xi wants to bring with him to the world he tries to influence with. Therefore, iron ore can be around this level if not going stronger with this reopening and stimulus. All front can move well for FMG in the next FY, imo.
POWER!!!! Fortescue Future Industries, page-1465
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$16.82 |
Change
-0.500(2.89%) |
Mkt cap ! $51.78B | |||
| Open | High | Low | Value | Volume |
| $17.11 | $17.23 | $16.81 | $252.2M | 14.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 13676 | $16.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.83 | 350 | 1 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |