Fortescue have just backflipped on green hyrodrogen, https://www.copyright link/companies/mining/fortescue-puts-hydrogen-on-backburner-with-700-jobs-cut-20240717-p5jufj
700 jobs cut amid FMG combining its Metals and Energy business back to the same structure it had only a few ago (other than keeping two co-CEOs for now).
So after all the bluster about a climate crisis, lethal humdity and attacks on coal, oil and gas prodducers FMG is back to where it always was, a lower-grade iron ore producer.
Why is this relevant for WHC - well unlike cute slogans or FMG org charts, coal isn't going anywhere
Target $18.72, page-9860
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Last
$8.55 |
Change
0.010(0.12%) |
Mkt cap ! $7.152B | |||
| Open | High | Low | Value | Volume |
| $8.57 | $8.61 | $8.45 | $26.66M | 3.124M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9310 | $8.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.56 | 4000 | 1 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| WHC (ASX) Chart |