I think the opposite, he's not there to increase supply...(we have so much already).......
hes trying to increase demand!!!!!!
create green power and green steel mills in countries with large populations, they will need more iron ore, reducing our reliance on China. More demand =$$$$$$
just my musings.....
POWER!!!! Fortescue Future Industries, page-27
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Last
$25.32 |
Change
-0.730(2.80%) |
Mkt cap ! $77.95B | |||
| Open | High | Low | Value | Volume |
| $25.73 | $25.73 | $25.31 | $100.9M | 3.969M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11282 | $25.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $25.45 | 12103 | 4 |
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| Last trade - 16.10pm 01/05/2024 (20 minute delay) ? |
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Last
$25.38 |
Change
-0.730 ( 2.72 %) |
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| Open | High | Low | Volume | ||
| $25.72 | $25.72 | $25.31 | 658322 | ||
| Last updated 15.59pm 01/05/2024 ? | |||||
| FMG (ASX) Chart |