Three out of five is an outstanding achievement, especially since these are the first green hydrogen deals ever to be progressed to FID in the United States and Australia. That's the first signal to the wider market. Norway should be next. Again it's the investment capital/partners that these are going to attract. That will be another major signal. Larger scale projects will follow, then the ball game changes.
BUT it's also what's going to come from the other 4 sub-segments I mentioned in my previous post that is of interest to me. Updates could drop at any time.
Investors are missing the larger picture here. The company is making billions a year in profit, what an outstanding Half Year. FMG is so undervalued and I repeat again and again, the game hasn't even begun yet. Patience here folks.
Tony
POWER!!!! Fortescue Future Industries, page-3250
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Last
$27.03 |
Change
-0.210(0.77%) |
Mkt cap ! $83.22B | |||
| Open | High | Low | Value | Volume |
| $27.24 | $27.25 | $26.88 | $47.79M | 1.767M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 2452 | $27.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.03 | 377 | 11 |
View Market Depth
| Last trade - 14.10pm 21/05/2024 (20 minute delay) ? |
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Last
$27.00 |
Change
-0.210 ( 1.15 %) |
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| Open | High | Low | Volume | ||
| $27.25 | $27.25 | $26.89 | 383605 | ||
| Last updated 14.30pm 21/05/2024 ? | |||||
| FMG (ASX) Chart |