IPL 0.66% $3.03 incitec pivot limited

more crap than fertiliser, page-4

  1. 1,300 Posts.
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    many ipl investors are farmers who have had shares since

    pivot

    they have owned thes as coop shares and wont want to fork

    out more money for shares in a company they already 'own"

    for a lot of farmers ipl shares were their rainy day money

    which is ironic because most farmers need this money when

    its dry as it is now

    theres no spare cash in rural australia if youve got 1n rural australia

    if you have 20000 shares you have to buy 7000 at 2.50

    you nee to find $21000 approx

    to invest in a company thats stuffed up so badly

    if you havent got the money you will be selling ipl at

    $3.00

    if your lucky to buy more at 2.5o that may be worth 2.00

    in a months time

    this is my logic

    you might think differently but cash is cash and ipl is

    crap
 
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