IPL 0.32% $3.18 incitec pivot limited

Just topped up. I suspect some kind of behind the scenes...

  1. 1,872 Posts.
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    Just topped up.

    I suspect some kind of behind the scenes corporate action on the back of little update based on demerger plans seemingly stalling, lack of buy back and asset purchase enquiries.

    Maybe the suitor is just softening us up for a takeover offer. ie, "look at us, we are offering 25% over market" (even though we have just been manipulating the price down 20% over the past few months).


    Conspiracy theory maybe, have I seen it before? Yes
 
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