CXM centrex limited
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Incitec Pivot (IPL) fertiliser demerger, page-5

  1. Happ
    1,018 Posts.
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    14/07/23
    13:42
    Post #: 68790650
    IPL is hopeless at creating value, great at destroying it. They bought Dyno in mid 2008 for $3.3 bln. Their share price was around $7.5 at the time. Never created any value. Now they are doing 180 degree turnaround saying that value will be created through demerger of Incitec.

    https://hotcopper.com.au/data/attachments/5427/5427401-6a27579fefc5d2e821aa3f55b9f64a7a.jpg


    Wouldn't mind if demerged Incitec buys Centrex for $3.3bln now...
    Last edited by Happ: 14/07/23
    CXM Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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