I read on another thread that Australian farmers will post a GDP increase of 14.5%. And they need fertilizer to grow food.
IPL have a monopoly on fertilizer in Oz.
Dyna Nobel are no.1 in explosives and no.2 in fertilizer in US.
Food is recession proof.
The market for fertiliser is still there.
fundamental analysis shows ipl now weaker, page-9
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$3.04 |
Change
0.030(1.00%) |
Mkt cap ! $5.817B | |||
| Open | High | Low | Value | Volume |
| $3.04 | $3.05 | $3.01 | $13.72M | 4.522M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 77956 | $3.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.04 | 202613 | 7 |
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| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| IPL (ASX) Chart |