"....technology will improve, it will get there..."
(Yes, as I've been hearing since I got my first job as a bright-eyed and bushy-tailed engineer many years ago.)
The technology may get there but it isn't there now and based on much precedent and the cold, hard reality of the immutable laws of Physics and the Chemistry, it is unlikely to get there for many years.
Which all begs the question why FMG directors and management saw fit to wastefully allocate shareholder capital into something for which the technology is clearly not there.
All while being cheered on by some shareholders.
A most uncommon curiosity.
.
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FMG
fortescue ltd
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$15.73

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Last
$15.73 |
Change
0.070(0.45%) |
Mkt cap ! $48.43B |
Open | High | Low | Value | Volume |
$15.65 | $15.77 | $15.36 | $101.0M | 6.426M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5 | $15.71 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.74 | 15541 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5 | 15.710 |
1 | 63 | 15.700 |
1 | 1250 | 15.670 |
2 | 1076 | 15.660 |
4 | 1280 | 15.650 |
Price($) | Vol. | No. |
---|---|---|
15.750 | 8808 | 3 |
15.760 | 1002 | 1 |
15.770 | 14458 | 4 |
15.780 | 3000 | 2 |
15.790 | 2200 | 1 |
Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
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FMG (ASX) Chart |