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POWER!!!! Fortescue Future Industries, page-1488

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JPGuru

4,660 Posts.

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30/08/22

20:01

Post #: 63417388
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Originally posted by poyndexter: ↑

Hi @Michaelirish

As a younger man, Andrew had the vision, belief and drive to do the almost impossible … create a creditable 3rd Australian iron ore producer under the noses of BHP and RIO.

FMG is now distributing record dividends from just iron ore in line with the diversified business of BHP … a well run company indeed.

Success could have made him a hardened, bullish man, but from what I see it has brought out the compassionate philanthropist and conviction to use his wealth, know how, influence and vision to leave a lasting positive legacy … utter conviction that transition to renewables is essential for future generations.

If his health holds up, I have no doubt FFI will become a global player in renewables green hydrogen, well ahead of BHP and RIO and well ahead of current global energy producers. He will have no trouble whatsoever raising funds with a FFI spin off to scale up as a global market maker.

Dex

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remember renewable is not Iron ore that you can only find in some part of the world renewable in various form exist everywhere and manufacturing as always going to be cheaper and economical from China/India/Brazil/Africa...etc... IMO.

FMG Price at posting: $18.95 Sentiment: None Disclosure: Not Held
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(20min delay)
Last $18.29		Change 0.150(0.83%)		Mkt cap ! $56.31B

Open	High	Low	Value	Volume
$18.14	$18.38	$18.02	$164.0M	9.002M

Buyers (Bids)

No.	Vol.	Price($)
2	10275	$18.26

Sellers (Offers)

Price($)	Vol.	No.
$18.30	2897	2

View Market Depth

No.	Vol.	Price($)
2	10275	18.260
9	26169	18.250
1	6130	18.240
2	6063	18.230
2	6459	18.220

Price($)	Vol.	No.
18.300	2897	2
18.310	1000	1
18.320	1000	1
18.330	1400	1
18.340	2500	1

Last trade - 16.10pm 13/11/2024 (20 minute delay)

FMG (ASX) Chart