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.
Transformational, page-3
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Last
$2.86 |
Change
0.010(0.35%) |
Mkt cap ! $5.535B | |||
| Open | High | Low | Value | Volume |
| $2.85 | $2.87 | $2.83 | $19.63M | 6.882M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 85981 | $2.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.87 | 251419 | 16 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| IPL (ASX) Chart |