IPL 1.40% $2.90 incitec pivot limited

what is going on, page-17

  1. 1,320 Posts.
    Xena, from one of my previous posts:

    Taken from the "IPL Convenes a General Meeting" document:

    Quote: "The 20-for-one share split, if approved by shareholders, will apply to shares held as at 7:00 pm (Melbourne time) on 23 September 2008 ... Normal settlement trading post the share split will commence on 1 October 2008"

    Reference: http://www.asx.com.au/asxpdf/20080805/pdf/31bk3ph4j12fxm.pdf

    Some more great news today on the IPL front:

    ARU: Arafura - Incitec Pivot Heads of Agreement
    http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00872550

    ACCC report on fertiliser prices
    http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00872579

    Quote: "The ACCC concluded that the significant rises in fertiliser prices in Australia are mainly attributable to rapidly increasing global fertiliser prices. It found that these increases have been caused by a substantial increase in world demand for fertilisers associated with an expansion in agricultural production (particularly grains for food, feed for livestock and bio-fuels) and by rises in costs of production associated with the increasing cost of energy."

    I'm holding for the long term. Look forward to the split.

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    The poster holds IPL, BHP, CEY & MGX
    ---
    this is my own opinion, seek professional advice and/or do your own research before making your big decision on this stock.
 
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Last
$2.90
Change
0.040(1.40%)
Mkt cap ! $5.632B
Open High Low Value Volume
$2.88 $2.90 $2.87 $11.46M 3.964M

Buyers (Bids)

No. Vol. Price($)
1 4828 $2.89
 

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Price($) Vol. No.
$2.90 22613 2
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