We are not deluded WesTig , and they are not incompetent idiots !! You see here black and white ! It is not ! The reality is that FMG under the leadership of AF has set an ambitious goal of zero emissions and got itself into a territory that no other company has ever gone . It is big , zero emissions and hydrogen and green steel . Hydrogen ambition has slowed down dramatically as all we know and other projects are not proven to be profitable !! What we know for sure is that it is very good for environment !! The market doesn’t really cares about environment !! Market wants certainty and profit. Some individuals like you and me give a value for the companies that doing the right things for future and hoping to make money too . I value FMG based on IO business alone more than 20 dollars and I will buy more as long as the share price is under 20 dollar .
If FMG manages zero emissions and produces green steel by millions and make significant profits, then the value of its shares will double or triple to almost 50 dollars ! It sounds optimistic but I wouldn’t be surprised if it happened.
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$15.88 |
Change
-0.320(1.98%) |
Mkt cap ! $48.89B |
Open | High | Low | Value | Volume |
$16.40 | $16.41 | $15.88 | $188.3M | 11.70M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 15657 | $15.87 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.89 | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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7 | 4757 | 15.870 |
6 | 74490 | 15.860 |
31 | 55708 | 15.850 |
2 | 14604 | 15.840 |
2 | 36110 | 15.830 |
Price($) | Vol. | No. |
---|---|---|
15.890 | 2000 | 1 |
15.900 | 1600 | 2 |
15.940 | 2000 | 2 |
15.970 | 3000 | 1 |
15.980 | 89 | 1 |
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