I dont think Incitec pivot news will have much sway on SOP industry definitely urea, but macroeconomic Re fertiliser prices are not already factored into the current price here. The only thing factored in here is the placement that just finished at 18c and the failure of so4. In my opinion the market wants to see a solid start from here then it will be willing to incorporate these factors into the case for investment. We just need a steady flow of positive achievement from here through to march and the share price will be more representative of where we are actually at
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I dont think Incitec pivot news will have much sway on SOP...
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