Why not both? They clearly have developed a pipeline for decarbonisation and lower bottom line costs. And have already started exploring new minerals and is taking there time to get it right while expanding the core business. This is on its way to leave BHP and RIO behind who have been growing there own business but done nothing to lower there bottom lines or expanding into more markets and reling on there old fundamentals of the old world and market as both RIOand BHP are only just starting to lay plans for renewable energy contracts which puts them at least 5 years behind and imo paid a premium for there new acquisitions while now the market as a whole is lower and buying on FMG's side is just ramping up. Not a bad play imo but I'm still leaning everything on the market side of thing and have only been working on it for the past 3 years so nowhere near a position to be speculating yet but just thought I would pass on my observations
- Forums
- ASX - By Stock
- POWER!!!! Fortescue Future Industries
Why not both? They clearly have developed a pipeline for...
- There are more pages in this discussion • 171 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$25.66 |
Change
0.090(0.35%) |
Mkt cap ! $79.00B |
Open | High | Low | Value | Volume |
$25.72 | $25.86 | $25.63 | $77.37M | 3.012M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 11417 | $25.65 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$25.70 | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 11417 | 25.650 |
1 | 500 | 25.640 |
4 | 12937 | 25.630 |
1 | 500 | 25.610 |
9 | 17689 | 25.600 |
Price($) | Vol. | No. |
---|---|---|
25.700 | 2000 | 1 |
25.770 | 350 | 1 |
25.780 | 3500 | 4 |
25.790 | 500 | 1 |
25.800 | 16508 | 3 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
Last
$25.72 |
  |
Change
0.090 ( 0.55 %) |
|||
Open | High | Low | Volume | ||
$25.72 | $25.86 | $25.64 | 785342 | ||
Last updated 15.59pm 03/05/2024 ? |
Featured News
FMG (ASX) Chart |