IPL 0.70% $2.88 incitec pivot limited

entitlement offer 5 for every 13 at $2.50, page-25

  1. 485 Posts.
    Incitect are rewarding holders of their share by offering them reduced cost shares to offset the price reduction of a capital raising.

    200% profit INCREASE.

    $2.50 is an absolute steal. And for those worried about the SP drop, this is the same price as april 07, while the market price is back in 2004
 
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