IPL 0.70% $2.88 incitec pivot limited

Transformational, page-3

  1. 501 Posts.
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    Opportunity. Dipped in @ $2.69 (luckily so far, the low today) to increase holdings.
    S/P is at year low. Ammonia prices are moving up. The Louisiana plant is on time and budget. Should commence operations this quarter. The US $ surged overnight and will likely continue given the prospect of an FRB interest rate hike---a positive development.
    From my perspective, the stars are aligning but DYOR. Cheers.
    PS - Also enjoyed the transformational link. Thanks.
 
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