IPL 1.01% $3.00 incitec pivot limited

more crap than fertiliser, page-22

  1. 13,176 Posts.
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    Truth is there will be plenty of supply in the world for the coming season and even though insulated by the dollar IPL will see significant pressure from fertilizer coming into the country with cheap bulk shipping rates.

    They paid way too much for Dyno Nobel. Currency liabilities? Farmers will cut back on fertilizer this year undoubtably until grain prices rise again (and they will). A buy when more value is on the table.
 
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